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Miriam Elena
Miriam Elena, 38, married with three children, is from the district of Chinandega. She is a hard working, responsible woman who has had to fight since she was very young to get ahead and get food on a daily basis.

In her free time she likes to listen to different types of music with her family.

Thanks to her fighter spirit and her desire to get ahead she has a business selling merchandize such as new clothes, cosmetics, costume jewelry etc.

She started this business six years ago. She sells her merchandise on the street as well as in her home. She has a daily routine of working eight hours a day. She takes great pleasure in her work since this has been the way of life for her and her family.

The loan will be used to invest in working capital and stock her business for the buying and selling of merchandise and take advantage of the Easter season to offer products such as: shirts, gowns, bikinis, shorts, sandals and skin creams etc..

Currently she has all her products in credit accounts that she recovers weekly and quarterly.
View original language description ↓
Miriam Elena 38 años de edad, casada con tres hijos, originaria del departamento de Chinandega, es una mujer trabajadora, responsable, que ha tenido que luchar desde muy joven para salir adelante y asi obtener su alimento diario. En sus ratos libre le gusta mucho escuchar música del variadas al lado de su familia. Gracias a su espíritu de luchadora y sus ganas de salir adelante es que tiene por actividad económica en venta de mercadería en general como ropa nueva, cosméticos, prendas de oros chinerías y otros productos más, este negocio lo incia hace 6 años, ubicado de manera ambulante y en su casa de habitación. ella tiene una rutina diaria de trabajar unas 8 horas diarias. Actividad que la desempeña con mucho gusto ya que ha sido su forma de vida y la de su familia. El objetivo del crédito es invertir en capital de trabajo y surtir su negocio en la compra y venta de mercadería y aprovecha la temporada de la Semana Santa para ofrecer productos como: camisetas, camisolines, bikinis, short, sandalias, cremas para la piel entre otros productos más, ya que en este momento todo sus productos los tiene en cuentas por cobrar los cuales ella recupera semanal y quincenal.

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
  • 128
    View loans »
    Nicaragua Loans Fundraising
  • $24,576,775
    Funds lent in using Kiva
  • 24.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $275 helped Miriam Elena to increase her working capital to buy children's clothes, adult beach and dress clothes and other products.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 26, 2013
Listed
Mar 28, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014