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Maria Elizabeth
Maria Elizabeth is married. She is originally from one of the municipalities in the north of the country, an area where there are a lot of businesses such as ranching and sale of raw gold, among other things. Maria owns a small stand in one of the municipal markets where she offers basic products such as rice, sugar, cooking oil, candy and groceries. She purchases her products from trucks that distribute basic grains and require immediate payment, and she makes cash sales. She is an entrepreneurial woman, with a great desire to succeed. She started her business on her own with savings from prior jobs. The purpose of this loan is to use as working capital to invest in purchasing home products, so she can offer a greater variety to her customers. One of her dreams is to see her business grow large, prosperous, and well stocked so it can make money and be more profitable.
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Maria Elizabeth, casada originaria de uno de los municipios del norte del país, zona donde predomina el comercio, ganadería, venta de oro bruto, entre otros mas, María es propietaria de un tramo algo pequeño en uno de los mercados del municipio donde ofrece productos de granos básicos diarios como: arroz, azúcar, aceite, golosinas y productos de pulperia, ella realiza sus compras a camiones distribuidores a comerciantes de granos básicos que ofrecen a los puestos de mercados sus compras son al contado al igual que sus ventas, se caracteriza por ser una mujer emprendedora, con muchos deseos de superación personal, inicia su negocio con sus esfuerzos propios y con ahorros que ella tenia de trabajos anteriores, el objetivo de este crédito es para capital de trabajo en invertir en la compra de productos de consumo del hogar, y así ofrecer una mejor variedad de productos a sus clientes, uno de sus sueños es poder ver su negocio un día grande y prospero bien surtido para que sea productivo y asi obtener mayores utilidades.-

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).

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About Nicaragua

  • $4,800
    Average annual income
  • 131
    View loans »
    Nicaragua Loans Fundraising
  • $24,576,775
    Funds lent in using Kiva
  • 25.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Maria Elizabeth to purchase basic grans like rice, sugar, beans, cooking oil, candy, etc.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 29, 2013
Listed
Nov 10, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2014