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Mariela De La Concepcion
Mariela is 34 years old. Her economic activity is a grocery store. More than 15 years ago, she began this business with very few products. Her location was very small, and she only had two baskets with products like fruit and cosmetics. Little by little she has augmented her business. Her two children are the motivation for which she continues working and fighting to move forward. The loan that she solicits is for capital for work and as such to buy necessary products. Mariela’s desire is to improve her business and obtain what is necessary to cover her daily needs.
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Mariela tiene 34 años de edad, su actividad económica es abarrotería, hace más de 15 años, ella dio inicio a este negocio con muy pocos productos por lo que anteriormente su local era muy pequeño, y solamente tenía 2 canastas con los siguientes productos como frutas y cosméticos, poco a poco es que ha ido aumentando su negocio por lo que sus 2 hijos son los motivos suficientes por el cual ella tiene que seguir trabajando y luchando para seguir adelante. El financiamiento que solicita es para capital de trabajo y así comprar los productos necesarios. El deseo de Mariela es mejorar su negocio y obtener lo necesario para el pan de cada día.

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
  • 125
    View loans »
    Nicaragua Loans Fundraising
  • $24,553,900
    Funds lent in using Kiva
  • 20.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,075 helped Mariela De La Concepcion capital for work.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 14, 2010
Listed
Jan 27, 2010
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2011