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Erika Adriana
A year ago, Erika Adriana started a business buying and selling grains like corn and beans wholesale. She also has a small store in her house. She sells her products every day, because it is very important to her to improve her business. She works from 6 in the morning until 6 at night. With this loan, she will buy merchandise like oil, rice, and sugar for her business. In the future, she would like to expand her store and make improvements to her home.
View original language description ↓
Erika Adriana tiene inicio un hace un año un negocio de compra venta de granos, como maíz y frijoles al por mayor, y también una pequeña pulpería en su casa de habitación, todos los días va a vender sus productos, pues para ella es muy importante mejorar su negocio. Trabaja desde las de las 6 de la mañana hasta las 6 de la tarde. Con el préstamo quiere comprar mercadería como aceite, arroz, azúcar para su negocio. En el futuro quiere ampliar su local y proporcionarle mejoras a su vivienda.

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
  • 87
    View loans »
    Nicaragua Loans Fundraising
  • $23,715,900
    Funds lent in using Kiva
  • 21.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $950 helped Erika Adriana to buy oil, rice, sugar, and other merchandise.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 16, 2010
Listed
Aug 26, 2010
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2011