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Melba Mercedes
Melba Mercedes R. is 45 years old and she is married. Melba has two children and they are both studying. Melba's economic activity is the making and selling of food. For more than 14 years, she has been involved in this business: she started this business for her Mother, as it was the type of business that she liked. The aims of Melba are to improve the quality of her meals every day in order to attract a variety of customers. The financing is to add to her work capital for buying rice, beans, sugar, oil, egg and curd as raw ingredients from which she makes her dishes. Melba's wish is to make sure her business is more stable and at the same time to help generate a source of employment as she needs an assistant to help with making the food.
View original language description ↓
Melba Mercedes R. tiene la edad de 45 años, su estado civil es casada. Doña Melba tiene 2 hijos y todos estudian. La actividad económica de Doña Melba es la elaboración y venta de comida. Hace más de 14 años que se dedica a este negocio. Doña Melba inicio este negocio por su Mama, y con el tiempo fue que el negocio le gusto este tipo de negocio. Los propósitos de Doña Melba son de mejorar cada día la calidad de sus comidas para obtener una variedad de clientes. El financiamiento es destinado para capital de trabajo para la compra de arroz, frijoles, azúcar, aceite, huevo y cuajada todo esto es para materia prima por lo que tiene que elaborar la comida. El deseo de Doña Melba es tener su negocio de una manera mas estable y la mismo tiempo ayudar a generar fuentes de trabajo ya que necesitaría de un personal que le ayude a elaborar la comida.

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
  • 163
    View loans »
    Nicaragua Loans Fundraising
  • $23,187,275
    Funds lent in using Kiva
  • 19.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Melba Mercedes work capital.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 15, 2009
Listed
May 22, 2009
Currency Exchange Loss:
Covered
Ended:
Aug 19, 2009