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Martha Elena
Martha Elena, who is 50 years old, is from the town of Chinandega. She has three children. This entrepreneur's business is selling a variety of products such as soft drinks, hot dogs, grains, candies, and other items. She began this business 10 years ago to help with the household expenses. The business is located in her home. Now she has moved forward with the help that the Foundation Leon 2000, together with the Kiva program, has offered her, since it has allowed her to invest and stock her little business, which generates earnings for the support of her family.
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Martha Elena de 50 años de edad del municipio de chinanadega, con tres hijos, este emprendedor tiene por actividad economica la venta de productos varios como (gaseosas, hot dog, granos, golosinas, entre otros.) la actividad que la inicio desde hace 10 años para la ayudar con los gastos del hogar, el negocio lo tiene ubicado en su casa de habitacion. En la actulidad ha salido ha delante con el apoyo que fundacion leon 2000 le ha brindado y con el programa kiva ya que le ha permitido invertir y suertir su pequeño negocio el cual le genera ganacia para el sustento de su familia.

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
  • 125
    View loans »
    Nicaragua Loans Fundraising
  • $24,547,700
    Funds lent in using Kiva
  • 23.5
    Nicaragua Cordobas (NIO) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $650 helped Martha Elena to buy soft drinks, hot dogs, grains, candies, and other items to sell.
99% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 25, 2012
Listed
Jul 9, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2014