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Maria Antonia
Mrs. Maria Antonia M. is 57 years old. She is married, and has six grown children, all of whom work. She earns her living by making and selling tortillas. She has been doing this for over 20 years, and she got into the business because she needed to find a way to earn a living from her home while she raised her children.

Maris’s goals are to keep her existing clients while at the same time improving the quality of her products. Her loan will be used to buy raw materials for the tortilla production – such as corn, lime, and firewood. Her long-term goal is to have her own locale for her business.

She is requesting C$5,000 Nicaraguan Cordobas [US $250].
View original language description ↓
La señora María Antonia M. tiene la edad de 57 años, su estado civil es casada. Doña María tiene 6 hijos y todos trabajan. La actividad económica de Doña María es venta y elaboración de tortillas. Hace mas de 20 años que se dedica a este negocio ella dio inicio por que necesitaba un trabajo, para sustentar a su familia y educar a sus hijos y decide establecer este negocio rentable en su vivienda. Los propósitos de Doña María son de mantener su clientela ya que tiene que mejorar cada día en la elaboración de sus productos. El financiamiento solicitado por Doña María es para la compra de materia prima como leña, cal y maíz. Sus sueños son de obtener un local para su negocio. la cantidad que solicita Doña María es de C$5.000 córdobas.

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

  • $3,636
    Average annual income
  • 122
    View loans »
    Nicaragua Loans Fundraising
  • $24,036,450
    Funds lent in using Kiva
  • 20.2
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Maria Antonia working capital - raw materials.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 12, 2009
Listed
Mar 22, 2009
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2009