Check out some available loans that are similar to this one!
Maria De Los Angeles
María de los Ángeles O. is 56 years old, married, and does not have children. María is a seamstress, and has had this business for more than forty years. With the goal of generating income, she decided to sell her products at the markets. Her business is located in her own home, where her customers realize their clothing orders. She started out with just one small sewing machine, making simple garments such as skirts and women’s suits. This is how she managed to grow her business. The financing she needs is to buy raw materials for making her clothes. Her dream is to have her own tailor shop, where she could employ a lot of people who truly want to work. The amount she is requesting is 21,000 Nicaraguan, over a term of 10 months.
View original language description ↓
María de los Ángeles O. tiene 56 años, está casada, y no tiene hijos. Doña María es costurera y hace más de cuarenta años que tiene de poseer este negocio. Con el fin de obtener ingresos, decidió comercializar sus productos en los mercados. El lugar en donde se ubica su negocio está en su casa de habitación, por lo que sus clientes le realizan los encargos de prendas de vestir. Cuando inició este negocio, dio inicio con una pequeña máquina de coser, elaborando sencillas prendas de vestir como faldas y trajes para dama. Es así como su negocio logró a crecer. El financiamiento que necesita es para la compra de materia prima para la elaboración de sus prendas de vestir. Sus sueños son de tener una fábrica de costura en la que pueda emplear a muchas personas que realmente quieren trabajar. El monto que solicita es de C$ 21.000 córdobas a un plazo de 10 meses.

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
  • 128
    View loans »
    Nicaragua Loans Fundraising
  • $24,535,925
    Funds lent in using Kiva
  • 20.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,050 helped Maria De Los Angeles working capital.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 27, 2009
Listed
Feb 25, 2009
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2009