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Aura Elena
Aura Elena is 45 years old and this is not the first time she has obtained a loan. Such loans have proven to be very important for the advancement of her family. Aura is dedicated to selling firewood and clothing. For more than 13 years she has been in this business. Though she is a very humble person, she has been able to confront the circumstances that have faced her.

The object of this loan is to buy a large quantity of firewood and a small quantity of clothing to sell.
View original language description ↓
Aura Elena tiene 45 años esta no es la primera vez que realiza financiamiento, por lo que ha sido muy importante para sacar adelante a su familia. Ella se dedica a la venta de leña y ropa. Hace más de trece año que tiene este negocio a pesar de ser una persona muy humilde ha sabido enfrentar las circunstancias que se le han enfrentado. El objetivo del préstamo es para comprar una gran cantidad de leña y una pequeña cantidad de ropa.

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
  • 97
    View loans »
    Nicaragua Loans Fundraising
  • $24,749,225
    Funds lent in using Kiva
  • 22.6
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Aura Elena to buy a large quantity of firewood and a small quantity of clothing, to sell both.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 4, 2011
Listed
Aug 30, 2011
Currency Exchange Loss:
Possible
Ended:
Jan 19, 2014