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Silvana Jose
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Mrs. J. is associated with the Leon 2000 Foundation, having gone through 4 credit cycles, all of which have been working capital. Her business is the sale of Italian gold articles, gold plated items, and silver articles. She also carries out shoe sales alongside a sister of hers that has a stand and yields a portion for her business.



This person lives at home with her in-laws and she does not have children. Her greatest dream is to have children and to have her own house. She is attending a course on decorating but she has not developed the idea, especially becuase this country is not big on this type of service.



Her husband works outside the home and he provides support for her projects, as a small business owner. Her sales she carries out in cash and on credit and she collects payments on pay days, depending on the amount of credit, she recovers the sum within two months. Her major clientele are university students in the National University of Nicaragua, and the people in the market. She buys items in wholesale paying cash, this way she can generate a greater income.



Translated from Spanish by Erika Lindig, Kiva Volunteer.





La señora J., tiene de trabajar con fundación leon 2000, cuatro ciclos de prestamos, todos han sido para capital de trabajo teniendo como actividad la venta de prendas de oro Italiano, oro laminado, prendas de plata , dedicandose tambien al comercio de calzado, en conjunto con una hermana ya que ésta tiene un tramo y le cede un pequeño espacio para que doña silvana oferte tambien parte de su mercaderia.

La señora vive en casa de sus suegros, no tiene hijos, su mayor sueño es tener hijos y tener su casa propia, ella tiene un curso en decoraciones pero que no lo ha desarrollado ya que en nuestro país no es bien demandado este servicio.

Su esposo trabaja fuera del departamento, quien a su vez le ayuda y le apoya en sus proyectos, como microempresaria. En cuanto a sus ventas estas las realiza de contado y credito que recupera en dias de pago, dependiendo del monto en credito lo recupera en un plazo no mayor a los dos meses, sus principales clientes son docentes de la universidad nacional autonoma de nicaragua, y personas de los mercados. Ella compra por lotes de prendas, de contado totalmente ya que de esta manera le genera mas ganancias.

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
  • 126
    View loans »
    Nicaragua Loans Fundraising
  • $24,553,900
    Funds lent in using Kiva
  • 19.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,125 helped Silvana Jose working capital.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Sep 9, 2008
Listed
Jul 29, 2008
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2009