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Lorena Valentina
Lorena Valentina is 54 years old, married, and works selling general merchandise. She has had this business for nine years and started with only a few things such as pants, shirts and skirts. Over time, she has been investing in it and it has been growing little by little to become a well-varied inventory.


She is requesting this loan for the purpose of making a considerable investment in her business because November and December are approaching and she hopes that her product sales will increase. Her dream is to continue expanding and having her business grow and if it is possible, she wants to be able to make housing improvements.

View original language description ↓
La señora Lorena Valentina tiene 54 años, es casada. La señora se dedica a la venta de mercadería en general. Ella tiene 9 años de tener este negocio, dio inicio con pocas cosas como pantalones, camisas, faldas. Con el tiempo fue invirtiéndole y este ha ido creciendo poco a poco hasta llegar a tener una mercadería muy surtida. Ella solicita este crédito con el propósito de realizar una inversión considerable a su negocio por lo que se acercan unos buenos meses como noviembre y diciembre, en que se espera las ventas de todos los productos se incrementen. Su sueño es seguir incrementando y haciendo crecer su negocio, y si es posible llegar a mejorar 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
  • 66
    View loans »
    Nicaragua Loans Fundraising
  • $23,659,150
    Funds lent in using Kiva
  • 21.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,175 helped Lorena Valentina working capital.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 21, 2010
Listed
Nov 4, 2010
Currency Exchange Loss:
Possible
Ended:
Nov 18, 2011