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Martha Lorena
Martha Lorena lives in the port of Corinto. She’s a single mother of one minor child. She is 30 years old. Her business is a grocery store she’s operated for the last six years. She works every day of the week because she’s always seeing to her customers’ needs.

Martha needs a loan to buy merchandise like: snacks, soft drinks, sardines, juices, soups, bread and basic grains to better stock her store.

For Martha, the main objective toward which she works daily is to make it possible for her son to go to university so that he will become a professional and improve his living condition.
View original language description ↓
Martha Lorena, reside en el puerto de Corinto, es madre soltera de 1 hijo menor de edad. Ella tiene 30 años, su negocio es una pulpería la cual la administra desde hace 6 años, trabaja todos los días de la semana pues siempre está pendiente de lo que sus clientes le solicitan. Martha necesita un préstamo para comprar mercadería, como golosinas, refrescos, sardinas, jugos, sopas, pan y granos básicos ayudando de esta manera a surtir el negocio. Para doña Martha el principal objetivo y por el cual trabaja todos los días es que su hijo pueda acceder a la universidad, para que pueda desempeñarse como profesional y mejorar su condición de vida.

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
  • 112
    View loans »
    Nicaragua Loans Fundraising
  • $23,731,525
    Funds lent in using Kiva
  • 22.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $875 helped Martha Lorena to buy stock items for her store.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 18, 2011
Listed
Mar 22, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2012