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Melania
Melania is a single mother, and she has three children who study. She sells and butchers pork. This business was started four years ago, and in addition every Friday she makes nacatamales [large Nicaraguan tamales] in her home and sells them to the general public. She is requesting this loan with the goal of buying pork, since there is currently a great demand for this product. She also delivers meat to the local grocery stores, normally offered on credit which she collects in the week. Her dream is to expand her business and to improve her economic situation, which will in turn allow her to improve the economic situation of her children.
View original language description ↓

La señora Melania es madre soltera, y tiene tres hijos los cuales están estudiando. La señora se dedica a la venta y destace de cerdo, cabe señalarse este negocio lo empezó desde hace cuatro años, además que todos los viernes elabora nacatamales en su casa de habitación y vende al público en general. Ella desea este crédito con el objetivo de realizar compras cerdos debido a que actualmente tiene mucha demanda de este producto. Ella también entrega carnes a las pulperías cercanas, generalmente entrega a crédito y sale a cobrar en la semana. Su sueño es ampliar su negocio y mejorar su economía, que permita mejorar también la economía de sus hijos

Additional Information

Fundación Leon 2000

This loan is administered by Fundación Leon 2000. Fundación Leon 2000 began operations in 1993 as the first microfinance institution to serve the western part of Nicaragua, a country which continues to be one of the poorest in the western hemisphere. Fundación Leon 2000 works to further the development of micro, small, and medium enterprises through credit services and management, applying the best credit industry practices and technical expertise. Additionally, Fundación Leon manages several business and financial education programs in the community, specifically for young entrepreneurs and at-risk youth. Fundación Leon 2000’s group of experienced and dedicated employees works in 7 offices in Leon, Chinandega, Chichigalpa, Somotillo, Jinotepe, El Sauce, and Nagarote and serves several thousand clients (the majority of whom are women).

About Nicaragua

  • $3,636
    Average annual income
  • 127
    View loans »
    Nicaragua Loans Fundraising
  • $24,050,675
    Funds lent in using Kiva
  • 21.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Melania working capital.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 27, 2010
Listed
Jul 1, 2010
Currency Exchange Loss:
Possible
Ended:
May 15, 2011