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Lesvia Esperanza

Update on Lesvia Esperanza

Lesvia us 57 years old, is the mother of five children, and lives in the Department of Chinandega in the western part of the country. She is a hardworking, responsible woman who owns a business selling general merchandise and butchering pigs. She also sells food on the weekends. She makes very delicious nacatamales, a traditional dish in her region. She started this business 21 years ago to make ends meet as she was a single mother and had five children to feed. As an enterprising woman, she decided that in addition to making nacatamales and butchering pigs she would also sell slippers and clothing as a street vendor in order to make more money. One day she hopes to fix up her kitchen which is in need of repairs.

The goal of this loan is to invest in working capital and purchase a litter of pigs for growing and selling now that they are fetching a good price. Lesvia is grateful for the assistance that Kiva donors provide to persons of limited resources and impoverished countries such as Nicaragua. Thanks to these donors she has been able to grow her business and improve her quality of life.
View original language description ↓
Lesvia de 57 años. Soltera, madre de 5 hijos, viven en el departamento de Chinandega ubicado en el occidente del país es una mujer, trabajadora, responsable, ella es propietaria de un negocio de destace de cerdo y mercadería en general, también vende comida los fines de semana, hace unos riquísimos nacatamales una comida típica de este municipio, ella inicio este negocio hace 21 años como medio de subsistencia ya que era madre soltera y tenía 5 hijos que darles de comer, como mujer emprendedora ella decidió además de hacer nacatamales y el destace de cerdo vender chinelas y ropa de manera ambulante para obtener más ingresos, porque ella en un futuro aspira a arreglar su cocina que está dañada, El objetivo del crédito es invertir en capital de trabajo y comprar un lote de cerdos para la crianza y venta, ya que se lo están dando a buen precio. Lesvia agradece la ayuda que los inversionistas kiva le brindan a personas de escasos recursos y países pobre como es Nicaragua.ya que gracias a ellos ha podido mejorar su negocio y su calidad de vida.

Previous Loan Details

Lesvia Esperanza butchers pigs and sell merchandise in general. She has been doing this for more than 20 years. She started the business with her own funds that she had from savings as she needed to generate a family income. Most of her customers know her for thee delicious tamales she sells. Se ... More from Lesvia Esperanza'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

  • $3,636
    Average annual income
  • 120
    View loans »
    Nicaragua Loans Fundraising
  • $24,405,100
    Funds lent in using Kiva
  • 24.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $225 helped Lesvia Esperanza to purchase pigs and ingredients for making nacatamales.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 12, 2013
Listed
Mar 17, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014