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Teresa
Teresa is 62 years old and is a native of el Sauce a community located in the north of the region. She is hard-working, responsible and has the desire for personal improvement. In her spare time she enjoys being in the company of her children. Unfortunately due to a lack of financial resources she could not study but had to work at an early age to help support the family economy.

Thanks to her effort and desire to get ahead she sells new clothing like pants, jeans, dresses, shorts, blouses, bed-clothing, towels and underwear. She spends 10 hours a day offering her product so that in the near future she can make more money. Teresa thanks the lenders at Kiva for supporting people of low resources in poor countries like Nicaragua to have dignified work.
View original language description ↓
Teresa de 62 años de edad, casada con un hijo menor de edad, es originaria del Sauce lugar que está ubicado en la zona norte de la región. Se caracteriza por ser trabajadora, responsable, con ganas de superación personal. En sus ratos libre le gusta disfrutar de la compañía de sus hijos. Lamentablemente por falta de recursos económico no pudo cursar una carrera y se vio obligada a trabajar desde temprana edad, para ayudar con los gastos del hogar.
Gracias a su esfuerzo y sus ganas de salir adelante tiene por actividad económica la venta de ropa nueva como: pantalones, jeas, vestidos, faldas, short, camisetas, ropa de cama, toallas, ropa interior. Ella dedica a su negocio unas diez horas diarias ofreciendo su producto, para que en un futuro no muy lejano pueda obtener mejores ingresos. Teresa agradece la ayuda que los inversionistas kiva les brindan a personas de escasos recursos y países pobre como es Nicaragua para tener un medio de trabajo digno.

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

  • $3,636
    Average annual income
  • 65
    View loans »
    Nicaragua Loans Fundraising
  • $23,480,375
    Funds lent in using Kiva
  • 27.2
    Nicaragua Cordobas (NIO) = $1 USD
Expired
A loan of $1,475 helped Teresa to stock her business buying clothing.
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 10, 2014
Listed
May 16, 2014
Currency Exchange Loss:
Possible
Expired:
Jun 15, 2014