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Margein Araceli
Margein Araceli is 33 years old. She and her husband have 3 children. For the past 7 years she has sold general merchandise. It is worth noting that she started in this business because of the need to take care of herself financially given the country's current situation. She has always liked being a very independent person and she is very capable of achieving her goals.

The loan will be invested in the purchase of shoes, shirts, pants and cosmetics. Because the Christmas season is approaching, she has many orders right now. Her dream is to own her own store.

View original language description ↓
La señora Margein Araceli, ella tiene 33 años de edad, junto a su esposo tienen 3 hijos a su cargo. Tiene 7 años de dedicarse a la venta de mercadería en general. Cabe señalarse, ella dio inicio a este negocio debido a la necesidad de auto mantenerse económicamente, debido a la situación actual del país. Ya que siempre le ha gustado ser una persona muy independiente ya que es una joven capaz de lograr sus metas .El crédito será invertido en la compra de zapatos, camisas, pantalones, cosméticos por lo que se acerca la temporada navideña ya que ahorita tiene bastantes pedidos. Ella tiene un sueño de llegar a tener una tienda.

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
  • 165
    View loans »
    Nicaragua Loans Fundraising
  • $23,195,750
    Funds lent in using Kiva
  • 20.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Margein Araceli working capital.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 26, 2009
Listed
Dec 11, 2009
Currency Exchange Loss:
Possible
Ended:
May 15, 2011