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Sara Petrona
Ms. Sara is 35 years old, she has three young children, and her main activity is a retail store located in her home. She started this business 4 years ago, and she is always looking for a way to increase her revenue. It hasn't been easy to maintain this business and she has managed to succeed with a lot of sacrifice, since her economic activity is hard to maintain. This loan is to buy raw material to offer a greater variety of products. She dreams with establishing another business where her children can later take care of and manage as she has done.
View original language description ↓
La señora Sara tiene 35 años, tiene tres hijos menores de edad, su actividad es una pulpería ubicada en su casa de habitación. Inicio este negocio hace más de 4 años que tiene este negocio, por lo que siempre busca la forma de mejorar sus ingresos, no ha sido fácil mantener este negocio pues ella ha logrado con mucho sacrificio salir adelante, pues su actividad económica es muy difícil de mantener. Este financiamiento es para la compra de materia prima y ofrecer una gran variedad de productos. Ella sueña con establecer otro negocio en donde sus hijos más adelante puedan hacerse administrarlo como lo ha hecho ella.

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
  • 74
    View loans »
    Nicaragua Loans Fundraising
  • $23,416,850
    Funds lent in using Kiva
  • 21.6
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Sara Petrona working capital.
100% repaid
Repayment Term
19 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 23, 2010
Listed
Oct 4, 2010
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2011