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Maria Del Carmen
María del Carmen López is 50 years old, married, and has 2 grown children. She works selling enchiladas, tacos and candy in a students' cafe at La Sallé school. María began this business 9 years ago selling only food. Later, she was supplied with business capital and now sells candy and soda as well.

The loan will be invested in the purchase of merchandise necessary for her business operations, such as soda and candy. María's dream has always been to have a big business run from her home, as well as to improve the physical condition of her house.
View original language description ↓
La señora María del Carmen López tiene 50 años, es casada y tiene 2 hijos todos mayores de edad. La señora se dedica a la venta de comida enchiladas, tacos y golosinas en un bar estudiantil localizado en la escuela La Sallé. Ella dio inicio a este negocio hace nueve años con venta de comida solamente. Después fue proporcionándole capital al negocio y ahora vende golosinas, refrescos, gaseosas. El crédito será invertido en la compra de mercancías necesarias para el funcionamiento de su negocio, tal como gaseosas y golosinas. Su sueño siempre ha sido llegar a tener un negocio grande que sea en su casa de habitación, además que desea mejorar la condición actual de la casa en que habita.

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
  • 153
    View loans »
    Nicaragua Loans Fundraising
  • $24,074,500
    Funds lent in using Kiva
  • 20.4
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,150 helped Maria Del Carmen working capital.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 30, 2009
Listed
Aug 6, 2009
Currency Exchange Loss:
Possible
Ended:
Mar 24, 2011