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Maria Del Socorro
María del Socorro, 65, has five children who work independently. She is a seamstress and has a good variety of regular customers.

This isn’t her first loan with the Fundación; they have been of great help to her in her work activity.

This capital will be used to buy thread, scissors, needles, fabric, pins, etc.

She currently has quite a few orders pending that she needs to fill thus the need for the loan.

She dreams with continued growth in her business.
View original language description ↓
Maria del Socorro tiene 65 años, tiene 5 hijos que trabajan de manera independiente. La actividad económica a la que se dedica es brindar los servicios de costura, por lo que tiene muy buenos clientes y con una gran variedad, pues esta no es la primera vez que realiza financiamientos con Fundación pues ha sido de gran ayuda para su actividad. El financiamiento es para capital de trabajo destinado para la compra de hilos, tijeras, agujas, telas alfileres entre otros actualmente tiene bastante encargos que tiene que cumplirlos es por eso que solicita este financiamiento. Por lo que sueña con seguir creciendo con 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
  • 63
    View loans »
    Nicaragua Loans Fundraising
  • $23,461,725
    Funds lent in using Kiva
  • 21.4
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Maria Del Socorro to buy thread, scissors, fabric, pins, etc.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 6, 2010
Listed
Jul 9, 2010
Currency Exchange Loss:
Possible
Ended:
Oct 18, 2011