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Maria Ines
María Inés is 56 years old. She is single and a mother to five, now independent children, aged 24, 27, 29 and 33 years. They all provide María with financial support. She is a hard-working and responsible woman with a desire to do better in life. From a very young age she has had to work to earn her daily bread. María is originally from the department of Chinandega, which is in the west of the country. She has her own grocery store in her house where she sells all sorts of basic products. She started the business 15 years ago with the help of her husband. Since becoming a widow she has had to work hard for the business to keep moving forward. She is applying for a loan to invest in the business as one of her plans is to strengthen it in order to renovate her house in the future.
View original language description ↓
María Inés es una mujer de cincuenta y seis años soltera y madre de cinco hijos de 24, 27, 29 y 33 años de edad todos independientes y quienes brindan ayuda económica a María Inés. Es una mujer, trabajadora responsable, con ganas de superación personal, el cual desde muy joven ha tenido que trabajar para ganase el sustento de cada día. Ella es originaria del departamento de Chinandega el cual está ubicado en la zona de occidente del país. Maria es propietaria de una pulpería ubicada en su casa donde vende todo tipo de productos de consumo básico. El negocio lo inició hace quince años con la ayuda de su esposo y desde que enviudó ha tenido que trabajar duro para sacar adelante el negocio. Solicita el préstamo para invertir en su negocio, ya que dentro de sus planes esta fortalecer la pulpería para en un futuro remodelar su casa.

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
  • $24,035,950
    Funds lent in using Kiva
  • 24.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Maria Ines to buy basic grains, such as beans and rice, oil, everyday products such as soaps, detergents and other items.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 26, 2013
Listed
Feb 28, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2014