Check out some available loans that are similar to this one!
Araceli Del Carmen
Araceli Del Carmen, 38, has two children under her care. She is a cosmetics merchant. Since the beginning, she has been acquiring regular customers that have produced income for her to be able to meet household expenses for her children, who appreciate their mother's efforts. Today, she calls upon this organization to request financing that will allow her to buy certain items that her customers require: eyeliner, lipstick, nail polish, powder, eye shadow, hair dyes, creams, perfumes, etc. She wants to increase her sales so that she can reach her ultimate goal, which is to do some home improvements.
View original language description ↓
Araceli Del Carmen tiene 38 años de edad, tiene 2 hijos y están a su cargo. Ella se dedica a la compra-venta de cosméticos, ella ha logrado obtener clientes fijos desde que inicio su negocio y esto le ha permitido obtener ganancias que le han ayudado a solventar gastos en su hogar para sus hijos quienes han sabido corresponder al esfuerzo de su madre. Hoy recurre a esta organización con la necesidad de un financiamiento que le permita comprar ciertos artículos como y sus clientes las requieren, pues ella desea aumentar sus ventas, con artículos de cosméticos como: delineadores, pinturas labiales y de uñas, polvo, brillos, tintes, cremas, perfumería entre otros. Su deseo es proporcionarle mejoras a su vivienda.

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
  • 67
    View loans »
    Nicaragua Loans Fundraising
  • $23,624,275
    Funds lent in using Kiva
  • 20.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Araceli Del Carmen to buy cosmetics.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 16, 2009
Listed
Dec 23, 2009
Currency Exchange Loss:
Possible
Ended:
Nov 18, 2010