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Maria Elena
Maria Elena is 75 years old and has goals to succeed in life and get ahead in her business. What is most important to her is that she continues generating a daily income for her family. Her business activity involves providing sewing services. Maria must wake up early to clean up, make her purchases, and begin creating different garments that have been ordered. She started this business more than 50 years ago because she needed to find work. Maria decided to establish a small business because she did not possess the necessary experience. As time passed, she acquired the ability to communicate with her customers.


This loan will be used to purchase thread, scissors, fabrics, buttons, lace, fringe, zippers, and oil to lubricate her sewing machine.

View original language description ↓
Maria Elena tiene la 75 años, sus propósitos son superarse en la vida para salir adelante con su negocio ya que es lo que mas importante para seguir generando a su familia el sustento diario. Su actividad económica es la brindar el servicio de costura, por lo que tiene que levantarse temprano para limpiar, realizar las compras y empezar las diferentes prendas de vestir que tiene pendiente. Hace más de 50 años, inicia este negocio por la necesidad de buscar un trabajo es que decide establecer un pequeño negocio al principio no poseía la experiencia necesaria para con este negocio, pero con el paso del tiempo fue adquiriendo la habilidad para hablar con sus clientes. El financiamiento es para hilos, tijeras, telas, botones, encajes, bordados, zipper y aceite para engrasar su máquina.

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
  • 168
    View loans »
    Nicaragua Loans Fundraising
  • $23,195,750
    Funds lent in using Kiva
  • 22.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Maria Elena to purchase thread, scissors, fabrics, buttons, lace, fringe, zippers, and oil to lubricate her sewing machine.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 4, 2011
Listed
Mar 17, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2012