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Pabla Petrona
View original language description ↓
In addition to her business Pabla is a primary school teacher in her neighborhood. She has worked with our institution for about ten years and has received 8 loans that she has invested in working capital to stock her business. This client has improved her quality of life. She has done so also with the help of her life partner who is a farmer. She has two children who are in secondary school.


Translated from Spanish by a Kiva volunteer.


Esta cliente ademas del negocio es profesora de primaria en una escuela de la localidad, trabaja con nuestra institución desde hace unos diez años donde ha obtenido ocho créditos los que ha invertido en capital de trabajo donde ha surtido su negocio, se ve que la cliente ha mejorado sus condiciones de vida, esto tambien con la ayuda de su compañero de vida quien es agricultor, ella tiene dos hijos los que estan en la secundaria .

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
  • 67
    View loans »
    Nicaragua Loans Fundraising
  • $23,485,000
    Funds lent in using Kiva
  • 19.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Pabla Petrona the loan will be used as working capital to buy shoes, clothing and other products.
100% repaid
Repayment Term
16 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
May 23, 2008
Listed
Apr 25, 2008
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2009