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Elsa Emerita
Elsa Emerita is 55 years old. Her goals are to do well in life and get ahead, since what is most important is to continue to make a living to support her family. She has a business selling merchandise; to do this she gets up very early to go out and open her business, which is located on the outskirts of the market. She started this business more than 3 years ago because she needed a source of income, and at her age it is difficult to find work. This loan will help her to buy towels, clothing, shoes, purses and cosmetics.
View original language description ↓
Elsa Emérita tiene 55 años, sus propósitos son superarse en la vida para salir adelante ya que es lo que mas importante para seguir generando a su familia el sustento diario. Su actividad económica es la compra de mercadería en general, por lo que tiene que levantarse temprano para alistarse y abrir su negocio que está ubicado en las afueras del mercado. Hace más de 3 años, inicia este negocio por la necesidad de buscar un medio de ingreso, pues a su edad es muy difícil encontrar empleo. El financiamiento es para la compra de toallas, ropa en general, calzado, bolsos y cosméticos.

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
  • 150
    View loans »
    Nicaragua Loans Fundraising
  • $23,157,725
    Funds lent in using Kiva
  • 22.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $900 helped Elsa Emerita to buy towels, clothing, shoes, purses and cosmetics.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 20, 2011
Listed
Aug 8, 2011
Currency Exchange Loss:
Possible
Ended:
Aug 16, 2012