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Martha Irene
Martha Irene is 47 years old. She sells sodas and manages a diner. Martha has been in this business for seven years and had very little capital when she started. She always looks for ways to generate income for her family. Martha previously worked as a teacher, but this job was not enough to cover her household expenses. She always had ideas of opening her own business so that she could obtain a steady source of income.

This loan will be invested in the purchase of supplies. Her wish is to have her own form of transportation so that she can go buy products.

View original language description ↓
Martha Irene tiene 47 años. Su actividad económica es la venta de gaseosa y comedor. Martha se dedica a este negocio desde hace 7 años, pues cuando dio inicio no tenía mucho capital, pues siempre busca la manera de generar ingresos para su familia. Pues anteriormente ella se dedicaba a docencia, anteriormente pues no le ajustaba para sufragar los gastos del hogar. Pues siempre había tenido las ideas de tener su propio local que le proporcionara ganancias fijas fue así como obtuvo. Este financiamiento será invertido en la compra de materia prima. Su deseo es tener su propio medio de transporte para comprar sus productos.

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
  • 71
    View loans »
    Nicaragua Loans Fundraising
  • $25,767,775
    Funds lent in using Kiva
  • 21.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Martha Irene purchase supplies.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Apr 22, 2010
Apr 30, 2010
Currency Exchange Loss:
Jan 15, 2011