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Erika Adriana
Erika has worked with the Fundación León 2000 for some time and this is not her first loan since she is a very enterprising woman who enjoys her work. She has sold basic grains for over 2 years and it is the main source of income for her home and her good management has made her business prosper. This is why she needs the loan, to buy raw materials like rice, beans, sugar, corn, bullion powder, oil and sorghum since the winter season is coming.
View original language description ↓
Erika es una mujer que tiene cierto tiempo de trabajar con Fundación León 2000. Esta no es la primera vez que realiza financiamientos, pues es una persona muy emprendedora que disfruta de su actividad. La venta de granos básicos es su principal fuente de ingresos necesarios para su hogar. Desde hace mas de 2 años, que tiene este negocio, la buena administración que tiene han hecho que salga adelante. Es por este motivo que realiza este financiamiento para la compra de materia prima como arroz, frijoles, azúcar, maíz, concentrado, aceite y sorgo pues se acerca la temporada de invierno.

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
  • 106
    View loans »
    Nicaragua Loans Fundraising
  • $24,828,400
    Funds lent in using Kiva
  • 22.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Erika Adriana buy raw materials like rice, beans, sugar, corn, bullion powder, oil and sorghum since winter season is coming .
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 16, 2011
Listed
May 26, 2011
Currency Exchange Loss:
Possible
Ended:
Jan 19, 2013