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Sara Luisa
Sara Luisa is a 60-year old single woman who lives in one of the municipalities of Chinandega, located in the Southwest side of the country. Sara Luisa makes a living from selling clothing items, sewing products, cosmetics and ice. She buys her supplies in Chinandega and sells them to truck drivers and other regular and occasional clients. She gives credit to her clients and gets paid every two weeks. She is a hard-working and fighting woman.

Sara Luisa is now requesting a loan to make improvements to her home. She wants to build a hut in the laundry area and a gutter in two of the rooms to prevent the rain from draining into the house. She has wanted to make these improvements for some time but did not have the financial availability to do so. Sara has worked with the Foundation before and has demonstrated her responsibility in paying back in time and under the agreed terms.

Her dream is to finish her house and to have a decent home for living. Thanks to the requested loan she will buy construction materials such as nails, zinc, metal sticks and others.
View original language description ↓
Sara Luisa 60 años de edad soltera, originaria de unos de los municipios de Chinandega ubicado al sur del occidente del país, Sara luisa se dedica a la venta de ropa variadas, costura, cosméticos y venta hielo, compra en Chinandega vende a camioneros y eventuales tiene clientes fijos y eventuales da crédito y recupera quincenalmente, es una mujer luchadora, trabajadora, Sara Luisa Está solicitando Financiamiento para realizar mejoras en sus casa de habitación las cuales consisten construir un bajarete en el área del lavandero y en dos cuartos también construir un canal,ya que con estas lluvias teme mojarse. Estas mejoras las ha querido hacer pero por falta de disponibilidad económica no ha podido realizarlas desde que adquirió la propiedad, Sara ya ha trabajado con Fundación lo cual ha demostrado su responsabilidad de pago en tiempo y forma. Los sueños de ella he terminar de construir su vivienda para así tener un techo digno donde vivir. Con el financiamiento comprara material de construcción como clavos, zin, hierro, pelines, entre otros.

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
  • 90
    View loans »
    Nicaragua Loans Fundraising
  • $24,770,775
    Funds lent in using Kiva
  • 25.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Sara Luisa to buy construction materials such as nails, zinc, iron, metal sticks and others.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 11, 2013
Listed
May 1, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014