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Maria De Los Santos
María de los Santos is 35 years old and a single mother to three children - aged thirteen, nine and two years old. She is originally from Managua, in the central part of the region. In her free time, María enjoys the company of her children and makes them food typical to the region, such as rice and beans or "tiste" (a cacao based drink). Unfortunately, due to a lack of financial resources, María could not study university but she would have very much liked to have studied nursing.

Because of her spirit of self-improvement and her desire to prosper she has been selling fruits for twenty years. She had to start at a very young age, in order to help with the costs of running a home. Her business is in one of the local markets. María works ten hours a day, selling products such as watermelons, bananas, papaya, mangos, melons, coconut and medlar. She is glad to do this job as this has been her and her children's lives. Her dream is to provide a better future for her children. Her aim for the loan is to invest it in working capital and stock up her business so that, in the not-too-distant future, she can have a higher income. María thanks Kiva investors for the help they provide to people with little resources, and poor countries like Nicaragua, so that they can have a decent job.
View original language description ↓
María de los santos de 35 años de edad, madre soltera con tres hijos menores de edad de 13, 9,2 años de edad. Originaria de Managua, lugar que está ubicado en la zona de central de la región. En sus ratos libre María disfruta de la compañia de sus hijos, y les prepara comidas típicas de la región como gallo pinto, y tiste; lamentablemente por falta de recursos económicos no pudo cursar una carrera universitaria, pero le hubiera gustado mucho estudiar enfermería titulada.
Gracias a su espíritu de superación y sus ganas de salir adelante es que tiene por actividad económica la venta de frutas, desde hace veinte años que se dedica al negocio, desde muy joven tuvo que trabajar, para ayudar con los gastos del hogar. El negocio lo tiene ubicado en unos del mercado de la localidad. La rutina de trabajo de María es trabajar una 10 horas ofreciendo su productos como: sandias, plátanos, papaya, mangos, melón, coco, mamon, nísperos, sapotes. Actividad que la desempeña con mucho gusto, ya que ha sido su forma de vida y las de sus hijos, porque su sueño es brindarles un mejor futuro a sus hijos. El objetivo del crédito es invertir en capital de trabajo y surtir su negocio para que en un futuro no muy lejano poder obtener mejores ingresos. María de los Santos agradece la ayuda que los inversionistas kiva le 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
  • 133
    View loans »
    Nicaragua Loans Fundraising
  • $24,576,775
    Funds lent in using Kiva
  • 24.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Maria De Los Santos to invest in working capital and to stock her fruit-selling business with fruits such as watermelons, bananas, papaya, mangos, melons, coconut and medlar.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 1, 2013
Listed
Feb 12, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014