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Martha Cristina
View original language description ↓
Ms. T. has been working with our institution for the last seven years. She has been given thirteen loans which she has used as working capital for her business. Her main business is the sale of tortillas but she also sells milk every morning and sells food on the weekends. She is a single mother and lives with one daughter who is in grammar school and with her mother. Her mother and another employee help her look after the business. It is important to note that good living conditions are apparent in her home.

Translated from Spanish by Cindy M., Kiva Volunteer.




La señora T. trabaja con nuestra institución desde hace unos seis años habiendosele otorgado trece creditos los que utiliza para capital de trabajo, su negocio principal es la venta de tortillas pero adicionalmente vende leche de vaca todas las mañanas y los fines de semana vende comida, es madre soltera vive con una hija la cual estudia en educación primaria, ademas vive con su madre quienes le ayudan a ver los negocios ademas de una empleada que tiene, cabe destacar que se puede observar en su casa buenas condiciones de vida .

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
  • 77
    View loans »
    Nicaragua Loans Fundraising
  • $23,621,150
    Funds lent in using Kiva
  • 19.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Martha Cristina working capital, corn, firewood and lime.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
May 21, 2008
Listed
May 4, 2008
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2009