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Yitza Margarita
Yitza Margarita has worked with “Fundacion Leon 2000” for a long time because she is a good client and likes to pay properly in due time. Her economic endeavor is the sale of clothes. She has worked in this business as of more than 8 years ago, when the need arose to cover the expense of basic household necessities. For that reason she has always enjoyed this work and in addition because she can make many friends. In the future she would like to improve her family’s condition and establish her business in a good location. The financing she requests is for working capital in order to buy sheets, underwear, footwear, towels and tablecloths.
View original language description ↓
Yitza Margarita tiene mucho tiempo de trabajar en Fundación León 2000, por lo que es un buena cliente ya que le gusta pagar en tiempo y forma. Su actividad económica es la venta de ropa, hace más de 8 años que trabaja en este negocio, por lo que surgió con la necesidad de cubrir los gastos de la compra de la canasta básica es por ese motivo que siempre le ha gustado este trabajo porque además puede obtener muchas amistades. Para el futuro le gustaría sacar adelante a su familia y establecer su negocio en un buen lugar. El financiamiento que solicita es para capital de trabajo y así comprar sabanas, ropa interior, calzado, toallas y manteles.

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
  • 66
    View loans »
    Nicaragua Loans Fundraising
  • $25,083,125
    Funds lent in using Kiva
  • 20.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Yitza Margarita working capital.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Oct 27, 2009
Oct 29, 2009
Currency Exchange Loss:
Nov 18, 2010