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Alia Saturnina
Alia Saturnina, 44, has a son under her care. She is an itinerant clothing and tortilla merchant although some of her customers who know her come by her house to buy her products.

She started 6 years ago due to the lack of employment opportunities and her need to have a source of income to support her children. With much effort she has managed to survive.

This loan will be used to buy corn and clothes to keep her customers happy.

Her dream has always been to use profits from the business to obtain her own clothing store.
View original language description ↓
Alia Saturnina tiene 44 años, tiene 1 hijo a su cargo. La señora se dedica al negocio de la compra y venta de ropa y a la elaboración de tortillas, las cuales comercializa de forma ambulante, pese a que también las personas que ya la conocen llegan a su casa a comprar sus productos, sus inicios se dan hace 6 años, esto fue producto de la falta de trabajo y necesitaba una fuente de ingresos para mantener a sus hijos, que con mucho esfuerzo ha logrado mantener. Este crédito será para la compra de compra de maíz y ropa para mantener a sus clientes. Su sueño siempre ha sido, que con las utilidades obtenidas del negocio poder obtener su propia tienda de ropa.

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
  • 133
    View loans »
    Nicaragua Loans Fundraising
  • $24,060,850
    Funds lent in using Kiva
  • 21.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Alia Saturnina to buy corn and clothing.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 16, 2010
Listed
Aug 23, 2010
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2011