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Norma Isabel
Norma Isabel is 35 years old, she is married and she has 2 young children in her care. She dedicates her time to the buying and selling of cosmetics. She started this business 10 years ago. She requests a loan of Fundacion Leon 2000 to invest in the purchase of Avon brand products. She has a large number of orders to fill. Every day she seeks out new customers in the blazing heat of the sun, put this doesn't stop her from finding success. Her dream is to have a large store located in the market.
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Norma Isabel tiene 35 años, es casada y tiene 2 hijos menores de edad a su cargo. La señora se dedica al negocio de compra-venta de cosméticos. Ella inicio con este negocio desde hace 10 años y tiene. Ella actualmente está solicitando un crédito en Fundación León 2000 para ser invertido en la compra de productos Avon, ya que actualmente posee bastantes pedidos, por lo que todos los días sale a buscar a sus clientes en el ardiente calor y sol, pero esto no la detiene a seguir adelante. Su sueño siempre ha sido llegar a tener una tienda grande ubicada en el mercado.

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
  • 66
    View loans »
    Nicaragua Loans Fundraising
  • $23,624,275
    Funds lent in using Kiva
  • 21.6
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Norma Isabel working capital.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 28, 2010
Listed
Oct 4, 2010
Currency Exchange Loss:
Possible
Ended:
Oct 18, 2011