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Elizabeth Abigail
Elizabeth Abigail, 31 years old, is married with three young children. She is from one of the municipalities of Chinandega located in the western part of the country. Elizabeth is characterized as being a hard-working and responsible woman with a desire for personal development. In her free time she likes to enjoy her family, being with her husband and children preparing delicious traditional food for them from that area like “gallo pinto” (rice and beans) and soup, among other things. Due to a lack of economic resources she didn’t manage to finish her studies. As she comes from a humble family of few economic resources, she saw the need to work from a very young age to help with the household expenses.

Thanks to her spirit for overcoming and getting ahead she started her own business with her own funds as an alternative form of work to support with the income the expenses of her new home. The work consists of selling merchandise in general such as new clothing for ladies, gentlemen and children as well as cosmetics, among other things, as a traveling vendor and in her home to regular and occasional customers. She makes her purchases in cash in wholesale markets. She dedicates some 9 hours a day to her business. The objective of this loan is to invest in working capital and to stock her business in the buying and selling of merchandise in general and thus to obtain a little more income for her household.
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Elizabeth Abigail, 31 años de edad casada con tres hijos menores de edad, de uno de los municipios de Chinandega ubicado en el occidente del país, Elizabeth se caracteriza por ser una mujer trabajadora, responsable con deseos de superación personal. En sus tiempos libres le gusta disfrutar en familia con su esposo e hijos preparándoles deliciosos manjares típicos de esa zona como: gallo pinto, sopas, entre otros, por falta de recursos económicos no logra terminar sus estudios debido que proviene de una familia humilde de bajos recursos económicos, y se vio en la necesidad de trabajar desde muy joven para ayudar con los gastos en su hogar gracias a su espíritu de superación y de salir adelante inicia su propio negocio con fondos propios como una alternativa de trabajo para apoyar con los ingresos y gastos de su nuevo hogar, el cual consiste en la venta de mercadería en general como: ropa nueva para damas, caballeros y niños, al igual que cosméticos, entre otros, de forma ambulante y en su casa de habitación a clientes fijos y eventuales, sus compras las realiza al contado en mercados de mayoreos, ella le dedica unas 9 horas diarias a su negocio, el objetivo de este crédito es para invertir en capital de trabajo y de surtir su negocio en la compra y venta de mercadería en general y así obtener un poco más de ingresos para su hogar.

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
  • 147
    View loans »
    Nicaragua Loans Fundraising
  • $24,071,325
    Funds lent in using Kiva
  • 24.6
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Elizabeth Abigail to purchase merchandise such as clothing for children, men and women and cosmetics, among other things.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 18, 2013
Listed
Jul 18, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014