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Juana Armelina
Juana is 57 years old. Her husband works and helps her meet household expenses and is a support for the family income. She states that she’s been able to progress still more because she has always invested the loans she’s asked for. This has helped her improve her living conditions. Her business is general merchandise sales. She’s been in this line of work for 12 years. She is asking for the loan to buy footwear, perfume, sheets, towels and clothes in general. Her dream is to furnish the locale and enlarge it.
View original language description ↓
La señora Juana tiene 57 años. Su esposo trabaja y le ayuda a sufragar los gastos del hogar y sirve de apoyo para el ingreso de la familia. Aduce la señora que ha logrado progresar aun más, ya que siempre ha invertido los créditos para lo que solicita. Por lo que esto le ha ayudado a mejorar las condiciones de vida en que vive, pues su actividad es la venta de mercadería en general, hace más de 12 años que se dedica a esta actividad. El financiamiento que solicita es para la compra de calzado, perfumes, sabanas, toallas y ropa en general. Su sueño ahora es condicionar el local y hacerlo más grande.

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
  • 94
    View loans »
    Nicaragua Loans Fundraising
  • $23,723,925
    Funds lent in using Kiva
  • 22.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Juana Armelina to buy footwear, perfume, sheets, towels and clothes in general.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 25, 2011
Listed
May 31, 2011
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2012