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Martha Ines
Martha Ines, is a single mother with three adult children. She is from one of the towns in Chinandega in the western part of the country. She is known for being a hard-working, responsible woman with much determination to get ahead. She is a small business owner who sells beef products such as meat, bones, ground beef and giblets which she sells at a stall set up in a very commercial and productive area. She buys from distributors in the area on a wholesale, cash basis, and she has fixed and eventual customers.

The purpose of this loan is to have enough work capital to buy meats, giblets, bones, etc. to cover the current customer demand.
View original language description ↓
Martha Ines, mayor de edad, soltera con tres hijos mayores de edad, originaria de uno de los municipios de Chinandega, ubicado en el occidente del país, se caracteriza por ser una mujer trabajadora, responsable y con muchos deseos de superación personal, es una microempresaria que se dedica a la comercialización de los derivados de la res como: carne, hueso, molida, menudos, los que comercializa en su puesto de venta ubicado en una zona muy comercial y productiva, sus compras las realiza en distribuidoras de la misma localidad las cuales son al por mayor y al contado, tiene clientes fijos y eventuales, inicia su propio negocio con fondos propios como un medio digno de vivir, inicia su jornada diaria desde muy temprano para lograr brindarle un mejor servicio a sus clientes, el objetivo de este crédito es para invertir en capital de trabajo en la compra de carnes, menudos, hueso entre otros, para lograr cubrir la demanda que tiene hoy en día por los clientes.

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).

Tags

About Nicaragua

  • $4,800
    Average annual income
  • 102
    View loans »
    Nicaragua Loans Fundraising
  • $24,739,175
    Funds lent in using Kiva
  • 25.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Martha Ines to buy meat, giblets, bones, etc.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 13, 2014
Listed
Mar 14, 2014
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2014