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Petrona
Petrona sells tortillas and basic grains. She is a very determined person because this isn’t the first time she’s negotiated a loan with the Fundación that has been very useful for her business.

She’s been in business for over 20 years; she knows her customers and what they want very well. She started while still very young and didn’t have much income for her home. In time, she’s managed to obtain her own business.

She will use the requested loan to buy tortillas, basic grains and for her scratch off lottery ticket sales. She wants to increase her working capital which is basic to continue growing in business.
View original language description ↓
Petrona se dedica a la venta de tortillas, granos básicos. Ella es una persona muy luchadora pues no es la primera vez que realiza financiamientos con Fundación que han sido de gran apoyo para su negocio. Tiene más de 20 años, en su negocio ella conoce muy bien a su clientes y lo que ellos le solicitan. Inicio desde muy joven cuando no tenía muchos ingresos para su hogar y con el paso del tiempo es que ha logrado obtener su propio negocio. El crédito que solicita es para la compra de tortillas, granos básicos, y venta de raspaditas. Desea aumentar su capital de trabajo que es lo elemental para seguir creciendo con 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

  • $4,800
    Average annual income
  • 101
    View loans »
    Nicaragua Loans Fundraising
  • $24,738,450
    Funds lent in using Kiva
  • 21.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $925 helped Petrona to buy tortillas and basic grains.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 10, 2011
Listed
Jan 12, 2011
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2012