Check out some available loans that are similar to this one!
Yelba Merari
Yelba Merari is 25 years old and lives in the neighborhood subdivision called David Antonio. Three years ago, her mother started a business and Yelba began working with her selling products such as shoes and clothing. However, her mother experienced health problems and decided to leave the business to Yelba so that she could do all the work since she has the discipline to meet their needs.


At the moment, Yelba is applying for her third loan with Fundación Leon in order to buy shoes, trousers, shirts, bed sheets, towels, handbags, and cosmetics for Mother’s Day and to fulfill her existing orders. For now, she dreams of improving her quality of life.

View original language description ↓
En el barrio reparto David Antonio, vive Yelba Merari 25 años de edad. Desde hace 3 años su Madre inició este negocio fue aquí donde trabajaba e inició vendiendo productos como calzado y ropa, pero debido problemas de salud decide dejárselo a Yelba quien con todo su empeño y mucha disciplina ha podido solventar sus necesidades. En la actualidad está aplicando a su tercer crédito con la Fundación con él comprará calzado, pantalones, camisas, sabanas, toallas, bolsos y cosméticos pues se acerca la festividad del día de la Madre y ya tiene bastante pedidos. Por ahora sueña con mejorar su calidad de vida.

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
  • 65
    View loans »
    Nicaragua Loans Fundraising
  • $23,485,000
    Funds lent in using Kiva
  • 21.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Yelba Merari operating capital to buy shoes, trousers, shirts, bed sheets, towels, handbags, and cosmetics.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 18, 2010
Listed
Jun 1, 2010
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2011