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Maria Teresa
Maria Teresa sells advertising materials. She has been in this business for over 31 years. Her business consists of making bags with publicity slogans, and she has a good number of orders. She has help from a girl who works with her making her products.

Her business is located in her house. In spite of not having much space; she makes bags, backpacks, pouches, and other products.

The loan she is requesting is to buy thread, scissors, fabric, and special material for the bags, boxes, purses, and other things. This is where she manages to get the income that her household needs.
View original language description ↓
Maria Teresa se dedica a la venta de artículos publicitarios. Tiene más de 31 años en este negocio. Su negocio consiste en coser bolsos, con lemas publicitarios, por lo que tiene una buena cantidad de pedidos, ella recibe ayuda de una muchacha que labora con ella en la fabricación de sus productos. Su negocio está ubicado en su casa de habitación, pues a pesar de no tener mucho espacio confecciona los bolsos, mochilas, cartucheras entre otros productos. El financiamiento que solicita es para la compra de hilos, tijeras, telas, material especial para los bolsos, cajas, bolsas entre otras cosas. Pues aquí donde logra obtener los ingresos necesarios para su 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
  • 95
    View loans »
    Nicaragua Loans Fundraising
  • $25,011,000
    Funds lent in using Kiva
  • 22.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Maria Teresa to buy thread, scissors, fabric, and special material for bags, boxes, purses, and other things l.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Mar 31, 2011
Apr 7, 2011
Currency Exchange Loss:
Apr 24, 2012