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Aura Elena
Aura Elena, 21, despite her age is a very enterprising young woman. She has been selling custards and new clothes for the last five years. Aura sells her items at schools, hospitals and other places where she has most of her customers who know how good and charismatic she is. She started the business because of her mother who taught her to have this means of support since she has a minor son in her care. The reason for the loan is to buy clothes for children, pants, shirts and skirts, among other products.
View original language description ↓
Aura Elena tiene 21 años, a pesar de su edad es una joven muy emprendedora. Ella se dedica a la venta de quesillos y ropa nueva, desde hace más de 5 años. Aura vende sus productos de manera ambulante en colegios, hospitales entre otros lugares en donde tiene una gran parte de clientes que saben lo buena y carismática que es. El negocio inicio por su Mama que le enseño a tener este medio de trabajo ya que además tiene 1 hijo menor de edad a su cargo. El motivo del crédito es para la compra de ropa para niños, pantalones, camisas, faldas, entre otros productos.

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
  • 138
    View loans »
    Nicaragua Loans Fundraising
  • $24,079,275
    Funds lent in using Kiva
  • 22.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Aura Elena to buy children's clothes, pants, shirts and skirts, among others.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 21, 2011
Listed
Oct 11, 2011
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2012