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Xiomara Mercedes
Xiomara Mercedes, 41, has worked with Fundación León 2000 for a long time, and this is not the first time she has requested a loan. Her business is selling general merchandise, which she has been doing more than 11 years, a business that has provided her with the experience of working hard and managing her money so she can buy the raw materials she needs. She plans to continue with her business, since she has invested a lot of hard work and does not want to lose it. This is why she is requesting the help of Fundación León 2000 with the goal of purchasing additional stock for her business. She would like to establish a little shop in her home.
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Xiomara Mercedes tiene 41 años, ella tiene mucho tiempo de trabajar con Fundación León 2000, por lo que no es la primera vez que solicita financiamientos. La actividad económica de Xiomara es la venta de mercadería en general, hace más de 11 años que se dedica a este negocio, por lo que su actividad, le ha brindado la experiencia de trabajar y administrar muy bien su dinero para invertir en materia prima. Los propósitos de ella son de seguir adelante con su negocio ya que todo lo que tiene actualmente le ha costado mucho esfuerzo y no lo perdería. Es por eso que solicito ayuda a Fundación León 2000 con el fin de comprar más productos para su negocio. Sus deseos son de establecer una pequeña tienda en 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
  • 162
    View loans »
    Nicaragua Loans Fundraising
  • $23,195,750
    Funds lent in using Kiva
  • 20.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $675 helped Xiomara Mercedes working capital.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 24, 2010
Listed
Mar 10, 2010
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2011