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Vida Luz
Vida Luz has a small general store. She is a very hardworking woman who has had this business for more than 3 years. She started the business because she needed to cover the household expenses, and she was facing a challenge in this regard because of rising prices. She hopes that her business can continue to move forward and become self-sustaining, and in addition, she would like for her business to grow. The financing that she requests is for working capital that she will use to buy soap, detergent, staple grains, candy, and other household products.
View original language description ↓
Vida Luz esta señora tiene una pulpería, ella es una mujer muy trabajadora. Hace más de 3 años que se dedica a este negocio, ella inicio por la necesidad de cubrir los gastos de su familia, a pesar de los diferentes desafíos como es el aumento de los precios de algunos productos. Su deseo es que su negocio salga adelante para que sea auto sostenible además le gustaría que su negocio aumentara. El financiamiento que solicita es para capital de trabajo que será destinado para comprar jabón, detergente, granos básicos, golosinas, y otros productos para el hogar.

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
  • 133
    View loans »
    Nicaragua Loans Fundraising
  • $24,576,775
    Funds lent in using Kiva
  • 22.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Vida Luz working capital to buy soap, detergent, staple grains, candy, and other household products.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Mar 22, 2011
Listed
Mar 2, 2011
Currency Exchange Loss:
Possible
Ended:
Aug 16, 2012