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Maria Erlinda
Maria Erlinda is 51 years old. She is a widow who has 4 children, only one of whom is in her care. Her business is selling groceries. She has been in this business for more than 4 years. Her business is located in her home. She started out with very little capital but a great desire to succeed. She had to pay her household bills and also pay for her children's studies and food. Little by little she increased her inventory with the small profits which her business made. Her customers frequented her business because her customer service is very good and she serves her customers with a smile. The loan which she is requesting is to increase her working capital and buy goods such as rice, sugar, beans, oil, etc. Her greatest dream is to continue increasing her business.
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Maria Erlinda tiene 51 años. Es una mujer viuda. Tiene 4 hijos pero solamente 1 está a su cargo. La actividad económica es la venta de abarrotes, hace más de 4 años que posee este negocio. La ubicación de su negocio es en su vivienda. Por lo que sus inicios surgen con muy poco capital, pero con muchas ganas de salir adelante. Por lo que tenía que pagar las cuentas de su vivienda y además proporcionarles a sus hijos estudios y alimentación. Poco a poco fue incrementando su inventario con las pocas ganancias que su negocio le generaba, sus clientes recurrían a su negocio ya que la atención de Maria es muy buena y además atiende a sus clientes con una sonrisa en sus labios. El financiamiento que solicita es para capital de trabajo para la compra de materia prima arroz, azúcar, frijoles, aceite y maíz. Su mayor sueño es seguir incrementando su negocio.

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 $700 helped Maria Erlinda working capital.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 8, 2010
Listed
Nov 5, 2010
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2011