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Maria Simona
María Simona sells new clothes. In her 34 years she’s always known how to work and support herself independently. She has four children in her care and she’s always provided them with the necessary income. She decided to use her savings to start the business. With much sacrifice and dedication she’s managed to get ahead for her mother taught her how to earn a living in the most humble way.

The loan will be used to buy pants, shirts, skirts, dresses, skirt suits and other types of clothing. She dreams with having her own establishment in the market.
View original language description ↓
La Señora Maria Simona se dedica a la venta de ropa nueva en sus 34 años, siempre ha sabido trabajar y mantenerse muy independiente. Tiene 4 hijos a su cargo, lo cuales siempre le ha proporcionado los ingresos necesarios. El negocio lo inicio porque de sus ahorros decidió comenzar esta actividad, ella con mucho empeño y sacrificio ha logrado salir adelante, pues su Madre le ha enseñado a ganarse la vida de la manera más humilde. La inversión del préstamo será para la compra de pantalones, camisas, faldas, vestidos, trajes faldas y otro tipo de vestimenta. Sueña con tener su propio establecimiento en el mercado.

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
  • 102
    View loans »
    Nicaragua Loans Fundraising
  • $24,739,175
    Funds lent in using Kiva
  • 22.4
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Maria Simona to buy pants, shirts, skirts, dresses, suits and other types of clothing.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 20, 2011
Listed
Jul 6, 2011
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2012