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Martha Heliodora
Sra. Martha Heliodora is 41 years old and a single mother of two young daughters. She manages a store located in her home. It is not a small business since she offers a wide variety of products. Martha has already been in business for eight years, but it is important to mention that she has always enjoyed working and earning to supply for her daily needs. However, she has had to cut back because of several customers who did not pay.


Sra. Martha is requesting this loan so that she can buy candy, soft drinks, bread, detergents, and soups. Her dream has always been to prepare her daughters so that they can study at the university and have a life of greater ease.

View original language description ↓
La señora Martha Heliodora tiene 41 años es madre soltera y tiene dos hijas menores de edad. La señora tiene su negocio que es una pulpería, el cual está localizado en su casa de habitación. No es un negocio pequeño, ya que ella tiene una gran variedad de productos. Ella ya tiene 8 años de tener este negocio, sin embargo es importante mencionar que siempre le ha gustado trabajar y ganarse el pan de cada día, sin embargo tuvo que desistir debido a que muchos clientes no le pagaban. La señora está solicitando este crédito para la compra de golosinas, refrescos, pan, detergentes y sopas. Su sueño siempre ha sido que con su trabajo sus hijas puedan prepararse y llegar a estudiar en la universidad, brindándole una mejor vida con mayores facilidades.

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
  • 69
    View loans »
    Nicaragua Loans Fundraising
  • $23,442,100
    Funds lent in using Kiva
  • 21.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Martha Heliodora purchase merchandise for her store.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 28, 2010
Listed
Nov 13, 2010
Currency Exchange Loss:
Possible
Ended:
Aug 16, 2011