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Maria De La Concepcion
Maria De La Concepción dedicates herself to selling general merchandise. She has her 2 children in her care who are still minors and dependent on her. Something that has influenced her, in managing her credit, is administering the funds properly and using her resources well. Maria is hard-working woman who enjoys continuing to forge ahead. She is always seeking out new ways to improve her income. Her dream is to establish a small formal business at the market. She requests this loan in order to buy the supplies necessary for her business.
View original language description ↓
La señora Maria De La Concepción se dedica a la venta de mercadería en general. Ella se hace cargo de sus 2 hijos que todavía están menores de edad y dependen de ella. Algo que ha influido, en el manejo de su crédito, es la buena administración y el buen uso de los recursos. Maria es una mujer muy trabajadora y disfruta de seguir adelante sus recursos. Pues siempre busca la forma de mejorar sus ingresos. El sueño de Ella es tener un pequeño negocio formal en el mercado. Ella solicita este financiamiento para la compra de de materia prima necesaria para su 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
  • 91
    View loans »
    Nicaragua Loans Fundraising
  • $24,396,400
    Funds lent in using Kiva
  • 21.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Maria De La Concepcion working capital.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 30, 2010
Listed
May 12, 2010
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2011