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Maria Auxiliadora
María Auxiliadora, 62, has asked for financing from Fundación in the past; it was very important.

Currently, she’s asking for this loan to invest in her business which is general merchandise sales. She has been in this line of work for over 45 years. It’s worth mentioning that she started out as an itinerant peddler but then managed to establish herself in a small area in the market and this is when her sales began to grow because she is always looking for ways to attract customers.

María dreams with eventually having a large store selling home appliances that will provide better economic stability to her family.
View original language description ↓
Maria Auxiliadora tiene 62 años, ya había solicitado financiamiento con Fundación, pues fue muy importante. Actualmente ella está solicitando este crédito para la inversión de su negocio como es la venta de mercadería en general. Hace más 45 años que se dedica a esta actividad, cabe señalarse que este negocio empezó de forma ambulante, luego logro establecerse en un tramo pequeño en el mercado y fue allí que sus ventas se incrementaron pues siempre está buscando la forma de atraer a sus clientes. Maria sueña con llegar a tener una tienda grande y una venta de electrodomésticos bastante amplia que brinde mayor estabilidad económica a sus familiares.

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
  • 79
    View loans »
    Nicaragua Loans Fundraising
  • $25,384,750
    Funds lent in using Kiva
  • 21.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Maria Auxiliadora to buy stock merchandise.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Apr 13, 2010
Apr 26, 2010
Currency Exchange Loss:
Nov 18, 2010