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Mauricia Del Socorro
Mauricia del Socorro, 63, started her general store more than 3 years ago. She has tried many things to improve her family's economic stability; she previously sold clothing, but had many difficulties and was not able to spend much time with her family. Because she did not have much money, she decided to invest her savings in supplies and sell them to her neighbours. Little by little her store has been growing, and although she does not have many products she continues working to expand her inventory. She sells rice, sugar, oil, etc.
With the requested loan, she wants to buy supplies such as rice, sugar and oils for her store. She dreams of completing certain home repairs.
View original language description ↓
Mauricia del Socorro tiene 63 años, hace más de 3 años que inicio con este negocio como es una pulpería, Mauricia ha intentado muchas cosas para mejorar la estabilidad de su familia. Anteriormente se dedicaba a vender ropa, pero tenía muchas dificultades ya que no pasaba mucho tiempo con su familia. Pero como no tenía mucho dinero decidió invertir sus ahorros en víveres y venderlos a los vecinos. Poco a poco fue incrementando su tienda, aunque no cuenta con muchos productos ella sigue trabajando para incrementarlos, vende arroz, azúcar aceite, etc. Con el préstamo quiere comprar víveres como arroz, azúcar y aceites para su tienda. Sueña con terminar de realizarle ciertas reparaciones a 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
  • 66
    View loans »
    Nicaragua Loans Fundraising
  • $23,659,150
    Funds lent in using Kiva
  • 21.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Mauricia Del Socorro working capital: general store.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 19, 2010
Listed
Jun 3, 2010
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2011