Check out some available loans that are similar to this one!
Lesbia Maria
View original language description ↓
Mrs. Lesbia Maria T. is 45 years old, and a single mother of two. Her children are 13 and 14 years old, respectively, and both attend the public secondary school. The family doesn't receive economic help from anyone, so Lesbia is asking for a loan of 9000 Cordobas in order to expand her business. Lesbia sells breakfast in her home, and with a loan she'll also be able to sell lunch from a small stall in the bus terminal market. In the afternoons, she serves fried snacks to students in the area. Lesbia started this business 8 years ago, as an alternative to unemployment and in order to get ahead. Her dream is to install a restaurant and bar in her home, but she'll continue to grow her current business in order to earn the capital for renovations. With your help Lesbia may be able to realize her dreams.

Translated from Spanish by Sarah Bishop, Kiva Volunteer.



La señora Lesbia Maria T., tiene 45 años de edad, es madre soltera, tiene 2 hijos, de 13 y 14 años respectivamente, ambos niños cursan la secundaria en colegio publico, ya que no tiene ayuda economica de nadie mas. En esta oportunidad solicita un credito por la suma de C$ 9,000.00 cordobas con el proposito de poder ampliar su negocio ya que solamente vendia comida en el desayuno en su casa de habitación,con los creditos ahora vende tambien almuerzo en el mercado la terminal de buses teniendo un pequeño espacio donde ofrece su servicio, y por la tarde saca una pequeña fritanga en su casa, sus principales clientes son estudiantes del sector,
Ella tiene 8 años de dedicarse a esta actividad la cual surge como una alternativa de subsitencia al desempleo y poder salir adelante con sus hijos ya que es el unico sosten del hogar.

Su mayor sueño es llegar a instalar un Bar y comedor en su casa de habitación, pero para ello requiere un mayor capital, y acondicionar el local para poder salir adelante, que con el apoyo nuestro quizas se le permita concretizar sus sueños.

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
  • 131
    View loans »
    Nicaragua Loans Fundraising
  • $24,558,975
    Funds lent in using Kiva
  • 19.6
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Lesbia Maria working Capital.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Sep 6, 2008
Listed
Aug 22, 2008
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2009