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Zenelia Elvira

Update on Zenelia Elvira

Zenelia Elvira, 47 years old, is married with grown children. She is originally from Leon, a place that is located in the western part of the country. In her free time, she likes to go to the movies. Sadly, she was unable to pursue an educational career for lack of economic resources, which meant that she had to work from a very young age. She would have liked to have been a doctor.

Thanks to her spirit and her will to succeed, she earns a living through the sale of general merchandise, such as pants, shirts, blouses, shorts, jackets, pajamas, bedclothes, sets of towels, gold and silver jewelry, and makeup. She has been doing this activity for 12 years, going door-to-door and also selling out of her house. Her routine is to work some nine hours per day, walking the streets of her area with a bag of 20kg worth of her products. The purpose of the loan is to invest in working capital and grow the business through the purchase of merchandise, so that in the not-so-distant future she will have a better income. Zenelia Elvira is thankful for the help of the Kiva lenders who provide people with resources in poor countries such as Nicaragua so that they can earn a dignified living.
View original language description ↓

Zenelia Elvira de 47 años de edad, casada con hijos mayores de edad. Originaria de León, lugar que está ubicado en la zona de occidente del país. En sus ratos libres le gusta mucho ir al cine y ver películas. Lamentablemente no pudo cursar una carrera universitaria, por falta de recursos económicos, la cual la obligo a trabajar desde muy temprana edad. Pero le hubiera gustado mucho ser médico.
Gracias a su espíritu y sus ganas de salir adelante es que tiene por actividad económica la venta mercadería en general la cual consisten en vender pantalones, camisas, camisetas, short, vestidos, pijamas, ropa de cama, juegos de toallas, prendas de plata y oro, cosméticos. Desde hace 12 anos que desempeña dicha actividad, de forma ambulante y en su casa de habitación. Su rutina de trabajo es unas 9 horas diarias, recorriendo las calles de su localidad, con un bulto de unos 20 kg ofreciendo sus productos. El objetivo del crédito es invertir en capital de trabajo y surtir su negocio en la compra de mercadería, para que en un futuro no muy lejano poder obtener mejores ingresos. Zenelia Elvira agradece la ayuda de los inversionistas kiva a personas de escasos recursos y países pobre económicamente como es Nicaragua para tener un medio de trabajo digno.

Previous Loan Details

The entrepreneur Zenelia Elvira is already a client of Fundación León 2000. With the loan she has been awarded, she has invested in her business by increasing her merchandise so that she can offer her customers a variety of products. She is happy with the support she is receiving to help her busi... More from Zenelia Elvira's previous loan »

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).

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About Nicaragua

  • $4,800
    Average annual income
  • 69
    View loans »
    Nicaragua Loans Fundraising
  • $25,073,675
    Funds lent in using Kiva
  • 24.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,075 helped Zenelia Elvira to invest in general merchandise, such as pants, shirts, blouses, shorts, jackets, pajamas, bedclothes, sets of towels, gold and silver jewelry, and makeup.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Feb 4, 2013
Feb 9, 2013
Currency Exchange Loss:
Sep 17, 2014