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Gloria Elena
Gloria, a 49-year-old married mother of a 9-year-old child, has run a small eatery out of her home for the past 30 years. She would like the additional capital to make improvements to the eating area and to buy basic grains, soft drinks, paper plates, bags, vegetables and meat for the business.

Gloria’s desire is to continue providing support for her family and that her daughter grows up with greater opportunities.

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
  • 175
    View loans »
    Nicaragua Loans Fundraising
  • $23,201,925
    Funds lent in using Kiva
  • 22.4
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Gloria Elena to buy basic grains, soft drinks, paper plates, bags, vegetables and meat for the business.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 29, 2011
Listed
Jul 5, 2011
Currency Exchange Loss:
Possible
Ended:
Jun 16, 2012