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Maria Jose
Maria Jose is forty-three years old, married, and has two children who are of age. For work she offers a motor rickshaw service (that consists of transporting people with a seat in the front part of the motor rickshaw. She's had the business for two years when the idea emerged after she got together with some neighbors and they formed a cooperative providing said service. Currently the business has grown thanks to its acceptance by the citizens as it's a cheaper means of transport. Her dreams and goals are to educate her two children since they are currently studying in college. She needs the funding to provide maintenance for the motor rickshaws and offer better service to the population.
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Maria Jose de 43 años de edad, casada con dos hijos mayores de edad, tiene por actividad económica el servicio de moto taxi ( que consisten trasportar a las personas con un asiento en la parte delantera de la moto), el negocio lo tiene hace 2 años que surgió la idea, ya que se agrupo con uno vecinos y formaron una cooperativa de dicho servicio, en la actualidad el negocio se ha incrementado gracias a la aceptación de la ciudadanía ya que le resulta un medio de transporte mas económico, su sueños y metas es llegar a formar a sus dos hijos ya que en la actualidad están estudiando en la universidad. El financiamiento lo necesita para darle mantenimiento a los moto taxi y brindar un mejor servicio a la población.

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
  • 69
    View loans »
    Nicaragua Loans Fundraising
  • $23,485,000
    Funds lent in using Kiva
  • 23.6
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,450 helped Maria Jose to buy and provide maintenance for her motor rickshaw and offer better service to the population.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 26, 2012
Listed
Aug 12, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 18, 2013