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Maria Ines
Maria Ines is 55 years old. Her business is selling clothes and household goods, which she has been doing for more than 7 years. It started as an alternative way of meeting living costs for herself and her family, but with the passage of time Maria has made it a success. She says that the business became very profitable until it became the sole means of income for her family. Her aim is to keep working and expand her business. The loan will be used to buy sheets, towels, clothing, cosmetics and footwear.
View original language description ↓
Maria Ines tiene 55 años, su actividad es la venta de mercadería general. Hace más de 7 años que tiene este negocio. Inicio como una alternativa de vida para ella y su familia con el paso del tiempo Maria logro observar que era un negocio muy rentable y este era el único medio de ingreso que obtenía para su familia. Ella tiene la meta de seguir trabajando con este negocio y agrandar su negocio. El motivo del financiamiento es para la compra de sabanas, toallas, ropa en general, cosmético y calzado.

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
  • 135
    View loans »
    Nicaragua Loans Fundraising
  • $24,558,975
    Funds lent in using Kiva
  • 21.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Maria Ines working capital.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 23, 2010
Listed
Dec 1, 2010
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2011