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Norbelina
Norbelina is a 68-year-old single mother of five children, all adults and financially independent. She is originally from the Telica municipality which is located in the west of the country. Telica is a cozy town with hardworking people.

Thanks to her entrepreneurial nature, Norbelina operates a store located in her home, which she has done for 32 years. Every day she faces problems and obstacles with the will to overcome and persevere. To this day it has been her livelihood and source of income.

The purpose of the loan is to invest in working capital and stock her grocery store for the purchase and sale of food products such as: coffee packets, shampoo packets, sugar, milk, bread, beans, oil, detergent, eggs, juice, sodas. Norbelina is grateful for the assistance that Kiva lenders provide to poor countries such as Nicaragua and people with limited resources so they can have a decent working environment.
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Norbelina de 68 años de edad, madre soltera con 5 hijos, todos mayores de edad, e independiente económicamente. Ella es originaria del municipio de Telica el cual está ubicado en la zona de occidente del país. Telica es un pueblo muy acogedor, con gente muy trabajadora. Gracias a su capacidad de emprendedora Norbelina tiene por actividad económica una pulpería ubicado en su casa de habitación desde hace 32 años que se desempeña en dicha actividad. Desafiando día a día todos los problemas, y obstáculo con espíritu de superación, y perseverancias. Y hasta hoy en día ha sido de medio de vida y su fuente de ingresos. El objetivo del crédito es invertir en capital de trabajo y surtir su pulpería en la compra y venta de productos comestible como: sobre de café, sobre de shampoo, azúcar, leche, pan, frijoles, aceite, detergente, huevos, jugos, gaseosas. Norbelina agradece la ayuda que los inversionistas kiva les brindan a personas de escasos recursos y países pobre como es Nicaragua para tener un medio de trabajo digno.

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
  • 135
    View loans »
    Nicaragua Loans Fundraising
  • $24,558,975
    Funds lent in using Kiva
  • 24.0
    Nicaragua Cordobas (NIO) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,350 helped Norbelina to invest in working capital and stock her grocery store for the purchase and sale of food products such as coffee packets, shampoo packets, sugar, milk, bread, beans, oil, detergent, eggs, juice, sodas.
99% repaid
Repayment Term
22 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 12, 2012
Listed
Jan 4, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2014