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Luz Marina
Luz Marina, 54, is a single mother with adult children. She's from the city of Managua, located in the central part of the region. Luz is a hardworking and responsible woman who has had to fight since she was very young to go out and get her daily bread. Unfortunately, because of a lack of financial resources, she had an adolescence and youth full of hardships. In her free time she really likes to listen to oldies.

Thanks to her enterprising spirit and desire to get ahead, she works selling new clothing. She has made a living in this business for 28 years. Her business is located in a few of the markets in town. Her daily routine is to work some 10 hours. She carries out this job with great pleasure because it has been her way of life and that of her family.

The goal of the loan is to invest in working capital, to stock her business by buying and selling merchandise, and to take advantage of the beginning of the school year to offer products such as shirts, t-shirts, camisoles, socks, stockings, underwear, skirts, shorts, and backpacks.

Luz Marina is grateful for the help that Kiva lenders give to low-income people and poor countries such as Nicaragua so they have a decent job.
View original language description ↓
Luz marina de 54 años de edad, madres soltera con hijos mayores de edad. Es originaria de Managua lugar que está ubicado en la central de la región. Luz es una mujer trabajadora, responsable, que ha tenido que luchar desde muy joven para salir obtener su alimento diario. Lamentablemente por falta de recursos económicos tuvo una adolescencia y juventud muy trabajada. En sus ratos libre le gusta mucho escuchar música del recuerdo.
Gracias a su espíritu de emprendedor y sus ganas de salir adelante es que tiene por actividad económica la venta de ropa nueva, desde hace 28 anos que se dedica a dicha actividad, el negocio lo tiene ubicado en unos de los mercados de la localidad. La rutina diaria de esta mujer es trabajar unas 10 horas diarias. Actividad que la desempeña con mucho gusto ya que ha sido su forma de vida y la de su familia. El objetivo del crédito es invertir en capital de trabajo y surtir su negocio en la compra y venta de mercadería y aprovecha la temporada de la entrada a clases para ofrecer productos como: camisas, camisetas, camisolines, calcetas, medias, ropa interior, faldas, short, mochilas. Luz Marina 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).

About Nicaragua

  • $4,800
    Average annual income
  • 54
    View loans »
    Nicaragua Loans Fundraising
  • $26,258,500
    Funds lent in using Kiva
  • 24.2
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Luz Marina to buy clothing and backpacks.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Jan 28, 2013
Jan 30, 2013
Currency Exchange Loss:
Jul 18, 2013