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Oliva
Sra. Oliva is married and has five grown children. She has a business in which she has been buying bananas wholesale for 10 years. Oliva conducts her business at the central market in her town. She has a good set of casual customers, which allows her to maintain a profitable business. With the loans from Fundación León 2000, she has been able to increase her inventory of bananas that she sells to her customers. As a result of working in her business, she has been able to accomplish her personal goals such as improving her business and making renovations to her home.
View original language description ↓
La Sra. Oliva casada con cinco hijos mayores de edad se dedica a su negocio como es la compra de plátanos al por mayor desde hace diez años su actividad económica la realiza en el mercado central de la localidad lo cual tiene clientela fina y eventuales lo que le permite mantener la rentabilidad de su negocio a través del financiamiento que Fundación León 2000 le ha brindado para ampliar la producción de plátanos y venderla a su clientelas, a través de este negocio ha cumplido metas y personales como es las mejoras de su negocio y hacerle mejoras a la vivienda.

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
  • 129
    View loans »
    Nicaragua Loans Fundraising
  • $24,581,200
    Funds lent in using Kiva
  • 23.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Oliva to buy bananas.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 22, 2012
Listed
Apr 27, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 21, 2013