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Yelba Lilliam
Selene De Los Andes is 35 years old and she is a single mom of a boy who is in her care. She has a business making and selling wicker furniture and it is not the first time she has accessed a loan to improve her business. She has always looked for support to come out ahead and to support her child as much as possible. She started this business with her sister's help. With the difficult times she was going through she decided that Selene would be the administrator of the business. This loan will be used to purchase materials necessary for the creation of her products. She has various orders that still need to be filled.
View original language description ↓
Selene De Los Andes tiene 35 años es madre soltera y tiene 1 hijo menor de edad a su cargo. Su actividad es la comercialización de muebles de mimbre y de madera, por lo que no es la primera vez que recurre a financiamientos para fortalecer su negocio. Ella siempre está buscando fuerzas para salir adelante y proporcionarles a sus hijos lo más necesario. Este negocio inicio por su hermana pues debido a las dificultades que atravesaba decidió que Selene administrara el negocio este crédito será para la compra de materia prima como materiales necesarios para la elaboración de sus productos, pues tiene varios pedidos.

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
  • 169
    View loans »
    Nicaragua Loans Fundraising
  • $23,230,825
    Funds lent in using Kiva
  • 21.6
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Yelba Lilliam working capital.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 28, 2010
Listed
Oct 13, 2010
Currency Exchange Loss:
Possible
Ended:
Aug 16, 2011