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Luisa Amanda
Luisa Amanda is 71 years old. She is a single mother of 3 children, aged 53, 50, and 30. All of them are financially independent. The business consists of selling recycled products, such as new and used appliances, and all sizes of decorations. She has 16 years experience and her business is located in her house. She also sells in the street. Luisa's daily routine is working for 8 hours. She started the business as a way to not depend financially on anyone and have an income to live on as well as support her children. Right now her family responsibilities have gone down since everyone is on their own. The purpose of the loan is to invest in her business and stock it to offer a better service to her customers and increase her earnings. Luisa is thankful for the support from the Kiva investors for low income people in poor countries such as Nicaragua.
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Luisa Amanda de 71 años de edad madre soltera con 3 hijos de edades comprendida de 53, 50,30, años todos independientes económicamente. El negocio consiste en vender productos reciclados como electrodomésticos nuevos y usados, adornos de todo tamaño. Tiene 16 años de experiencia y está ubicado en su casa de habitación y de forma ambúlate. La rutina diaria de la Sra. Luisa es de 8 horas diaria. El negocio lo inicio como una alternativa de vida para no depender económicamente de nadie y tener un ingreso propio para vivir, con un poco de fondo propio y en su momento para mantener a sus hijos. En la actualidad su carga familiar se ha disminuido ya que todos son independientes. El objetivo del préstamo es invertir en capital de trabajo y surtir su negocio para brindarles mejor servicio a sus clientes e incrementar sus ganancias. Luisa agradece la ayuda que le brindan los inversionistas kiva a las personas de escasos recursos y países pobre como Nicaragua.

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
  • 127
    View loans »
    Nicaragua Loans Fundraising
  • $24,051,825
    Funds lent in using Kiva
  • 23.6
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Luisa Amanda to buy and sell recycled, second hand applicances and decorations.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 18, 2012
Listed
Sep 29, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 18, 2013