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Maria Esperanza
Maria Esperanza has a local store as her business. It is located in her house in the Municipality of Jicaral where the majority of her customers come requesting a great variety of products. Maria works hard every day to offer the best in her business. The store came about because of an idea from a friend who provided her with some advice about the business. This is how Maria decided to begin to buy certain products and have her own business. The loan is for the purchase of basic grains, drinks, sweets, and detergents.
View original language description ↓
Maria Esperanza su actividad es una pulpería. Su negocio está ubicado en su vivienda que es en el municipio del jicaral, en donde la mayoría de sus clientes llegan a solicitarle una gran variedad de productos, Maria se esfuerza cada día en ofrecer lo mejor en su negocio. Esta oportunidad surgió por la idea de una amiga que le brindo cierta orientación con este negocio, fue así que Maria decidió comenzar a comprar ciertos productos y llegar a tener su propio negocio. El crédito es para la compra de granos básicos, refrescos, golosinas y detergentes.

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
  • 138
    View loans »
    Nicaragua Loans Fundraising
  • $24,035,950
    Funds lent in using Kiva
  • 22.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Maria Esperanza working capital.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 24, 2011
Listed
Jan 31, 2011
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2012