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Yahaira Patricia
Mrs. Yahaira Patricia has a business that is a store that sells new clothes in her house. She has had it for years. She started to sell clothes on the streets of the suburb to be able to support her children. Little by little, with hard work, she was able to buy more merchandise such as watches and more clothes. By buying merchandise up front in Managua, specifically in the Eastern Market, she has been able to get ahead. With her husband's help, her earnings are better. The loan that she is asking for is to invest more in her business since a busy season is approaching. She lives with her husband in a modest manner and she has basic services.
View original language description ↓
La señora Yahaira Patricia posee un negocio que es una tienda de venda de ropa nueva en su casa de habitación desde hace dos años realiza. Ella comenzó a vender ropa en las calles del suburbio para poder mantener a sus hijos, poco a poco con esfuerzo alcanzo a comprar más mercadería como relojes y mas ropa. La compra de su mercadería en Managua de contado específicamente en el mercado oriental, junto a su esposo ha logrado salir adelante ya que con su ayuda su rentabilidad es mejor. El crédito que está solicitando es para invertir más en su negocio ya que se aproxima una buena temporada, la señora vive junto a su esposo de manera moderada y cuenta con todos los servicios básicos.

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
  • 129
    View loans »
    Nicaragua Loans Fundraising
  • $24,046,775
    Funds lent in using Kiva
  • 21.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Yahaira Patricia working capital.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 9, 2010
Listed
Aug 18, 2010
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2011