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Mayra Rafaela
Mayra Rafaela is 51 years old. She is a single mother and has just one son who is 25 years old and lives on his own. Mayra has a business selling general merchandise. She offers products and travels to distribute them, generally through orders. Mayra started her business 30 years ago. She began selling fruits and vegetables. However, little by little, she began saving enough to travel to the oriental market in Managua and buy clothing. It was 3 years ago that she began to sell household appliances by order.

The loan will be invested in purchasing more merchandise in order to take advantage of the festivities around Holy Week that are nearing. Mayra dreams that her business will continue growing so that one day she will be able to leave her grandchildren with a well-established business and that they will not need to depend on a job other than this business to survive.
View original language description ↓
La señora Mayra Rafaela tiene 51 años de edad, actualmente es madre soltera y tiene solamente un hijo, de una edad de 25 años que vive aparte. La señora tiene un negocio de mercadería en general, ella ofrece los productos y distribuye de manera ambulante, generalmente por encargos. La señora comenzó su negocio hace 30 años, ella inicio vendiendo frutas y verduras, sin embargo poco a poco fue ahorrando lo suficiente para viajar al mercado oriental de Managua y comprar ropa, fue hasta hace 3 años que empezó a traer electrodomésticos por encargo. El crédito será invertido en la compra más mercadería para aprovechar las festividades de semana santa que se acercan. Ella sueña que su negocio siga creciendo para algún día poder dejarles a sus nietos un negocio bien establecido y que no dependan de un trabajo para sobrevivir sino del negocio.

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
  • 59
    View loans »
    Nicaragua Loans Fundraising
  • $23,422,650
    Funds lent in using Kiva
  • 21.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $925 helped Mayra Rafaela working capital.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 10, 2010
Listed
Mar 23, 2010
Currency Exchange Loss:
Possible
Ended:
Oct 16, 2010