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Aurelia Esperanza
Aurelia Esperanza is 61 years old. She is a single mother and has 3 grown-up children. Aurelia sells footwear and clothes from her home in the district of Malpaisillo. Aurelia has been in this business for 6 years. She started selling a small quantity of merchandise since logically she didn't have a large number of customers. Her family supported her so that she had a source of income since jobs are scarce. This loan will be used mainly to buy footwear and clothes. Her dream is to improve her business and provide her family with financial stability.
View original language description ↓
La señora Aurelia Esperanza tiene 61 años, es madre soltera y tiene 3 hijos mayores de edad. Aurelia se dedica a la venta de calzado y ropa, los cuales vende en su casa en un municipio de malpaisillo. Es importante mencionar que, ya la señora tiene 6 años de dedicarse a este negocio, el cual dio inicio vendiendo poca cantidad de mercancías, debido a que lógicamente no tenía la clientela, esto fue debido a que su familia la apoyo para que ella tuviera de donde obtener ingresos, ya que los trabajos están escasos. El crédito será invertido en la compra principalmente de calzado y ropa. Su sueño es mejorar su negocio y brindar estabilidad económica a su familia.

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
  • 113
    View loans »
    Nicaragua Loans Fundraising
  • $23,737,400
    Funds lent in using Kiva
  • 21.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Aurelia Esperanza working capital.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 15, 2010
Listed
Nov 5, 2010
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2011