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Francis Iveth
Señora Francis Iveth is 34 years old, single and has 2 minor children. She has a peculiar business running a home based internet cafe and selling cosmetics. She has 2 years of experience in this business which she started because of the lack of employment in her country. Now that her small internet cafe is established she has more computers.

She will use the loan to buy stationary and cosmetics as well as consumables for her business. Her dream has always been to provided her children with the best economic conditions which is why she is investing more in her business.
View original language description ↓
La señora Francis Iveth tiene 34 años, es soltera y posee 2 hijos, menores de edad. La señora tiene un negocio peculiar, ya que ella posee un cyber, venta de cosméticos ubicado en su casa de habitación, sin embargo su negocio. Tiene 2 años de dedicarse a este negocio, el cual dio inicio debido a la falta de empleo que hay en nuestro país, por lo que recurrió a establecer un negocio, ahora posee más computadoras, por lo que decidió establecer el pequeño cyber. Su crédito será invertido en la compra de papelería y cosméticos además que desea comprar algunos consumibles de su lugar de trabajo. El sueño siempre ha sido brindarle una buena condición económica a la vida de su hijo, el cual pretende lograr invirtiéndole más a 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
  • 126
    View loans »
    Nicaragua Loans Fundraising
  • $24,541,675
    Funds lent in using Kiva
  • 22.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,150 helped Francis Iveth stationary, cosmetics, consumables.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 20, 2011
Listed
Jan 28, 2011
Currency Exchange Loss:
Possible
Ended:
Jun 16, 2012