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Martha Lorena
Martha has two young children in her care. She works at a local store and has three years of experience in this business. With the efforts of her husband and saving the little that he made, they slowly began to accumulate various items for the business such as detergents, basic grains, and soft drinks. She will invest this loan in buying soft drinks, sweets, detergents, household products, bread, and juices. Martha is very hardworking and her husband helps her in her business. He goes shopping with her for the store products. She tells us that her greatest source of pride is being able to provide her children with an education.
View original language description ↓
La Señora Martha, tiene 2 hijos menores de edad a su cargo. Tiene como actividad el servicio de pulpería cuenta con 3 años de experiencia en el negocio. Con el esfuerzo de su esposo fue que empezó pues lo poco que el ganaba lo guardaba así con el paso del tiempo fueron estableciendo ciertas cosas como detergentes, granos básicos y gaseosas. El crédito será invertido en la compra gaseosas, golosinas, detergentes, productos para el hogar, pan y jugos. Martha Es muy trabajadora, su esposo le ayuda en su actividad le acompaña a realizar las compras de los productos hasta el mercado. Cuenta que su orgullo es proporciónales a sus hijos estudios.

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
  • 174
    View loans »
    Nicaragua Loans Fundraising
  • $23,211,000
    Funds lent in using Kiva
  • 21.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Martha Lorena capital de trabajo.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 12, 2010
Listed
Aug 24, 2010
Currency Exchange Loss:
Possible
Ended:
May 15, 2011