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Milena Yasmina
Milena Yasmina is 31 years old. She has been married for six years and has three small children. The lady sells general merchandise.

She first started her business in response to a need for higher income as the salary of her life partner did not meet family needs. She then decided to help her husband by selling a variety of products. Afterwards she noticed that the business was profitable, so she continued in the same manner.

The loan will be invested in the purchase of clothes, dresses, perfumes and beauty creams. Her dream is to buy a stand in the market.
View original language description ↓
La señora Milena Yasmina desde hace 6 años, ella tiene 31 años, es casada y tiene 3 hijos menores de edad. La señora se dedica a la venta de mercadería en general, este negocio empezó primeramente como una necesidad de obtener mejores ingresos ya que el salario de su compañero de vida no llenaba la necesidad familiar, por lo que decidió ayudarle a su esposo dedicándose a la venta de variedad de productos. Luego ella noto que el negocio era rentable, por lo que ha continuado siempre con el mismo. El crédito será invertido en la compra de ropa, trajes, perfumes y cremas. Su sueño es comprar un tramo en el mercado.

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

  • $4,800
    Average annual income
  • 125
    View loans »
    Nicaragua Loans Fundraising
  • $24,551,600
    Funds lent in using Kiva
  • 21.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Milena Yasmina working capital.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 25, 2010
Listed
Nov 7, 2010
Currency Exchange Loss:
Possible
Ended:
Aug 16, 2011