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Arlen Ivette
Arlen Ivette is the owner of a store that sells clothing for men, women and children. She is married and has two daughters who are in preschool and primary school. Her husband works as an independent driver providing taxi services. Arlen Ivette needs this financing to expand her store, buying more clothing so that she can fill her customers' orders, and thus generate greater profits and provide a better quality of life for her daughters and pay for their education.
View original language description ↓
La señora Arlen Ivette, es dueña de una tienda de venta de ropa para damas, caballeros y niños. Es casada, tiene dos niñas las que se encuentran en el preescolar y primaria, su esposo trabaja por cuenta propia como transportista brindando el servicio de taxi. La señora necesita de este financiamiento para aumentar su tienda, comprar más ropa y poder atender los encargo de sus clientes, y de esta manera poner generar mejores ganancias y darle mejores condiciones a sus hijas, como también la educación.



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
  • 89
    View loans »
    Nicaragua Loans Fundraising
  • $24,396,400
    Funds lent in using Kiva
  • 21.4
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $675 helped Arlen Ivette working capital.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 16, 2010
Listed
Jul 3, 2010
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2011