Check out some available loans that are similar to this one!
Yaoska Mercedes
Yaoska Mercedes is a struggling single mother with one young son who depends on her. She owns a cybercafé where she works every day from 7:00 AM to 9:00 PM. She is constantly looking for new ways to get ahead with her son and has had this business for two years, despite the difficulties she’s faced with having to repair some equipment. She is very happy with the work she does, because if it wasn’t for it, she would not be able afford to eat every day.

She will use the money from this loan to buy new computers and other needed products.
View original language description ↓
Yaoska Mercedes es madre luchadora y soltera, tiene 1 hijo menor de edad a su cargo. La señora es dueña de un ciber, en donde trabaja todos los días desde las 7 de la mañana hasta las 9 de la noche, pues siempre está buscando la forma de salir adelante con su hijo. Ella ya tiene 2 años con este negocio a pesar de los difíciles problemas que han enfrentado ya que ha tenido que dar a componer varios equipos. Ella está muy feliz con el trabajo que realiza pues sin él no tendría lo necesario para comer todos los días. El financiamiento es para la compra de nuevas computadoras y ciertos productos necesarios.

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
  • 133
    View loans »
    Nicaragua Loans Fundraising
  • $24,035,950
    Funds lent in using Kiva
  • 21.4
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Yaoska Mercedes working capital.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 30, 2010
Listed
Jul 30, 2010
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2011