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Luz Mariana
Ms. Luz Mariana is 33 years old. She is pressing ahead with her business of selling used and new clothing. In some months, she has had problems with selling her products, but she credits this to people without work looking to start businesses, because selling used clothing is the easiest type to establish, and furthermore, the earnings are average.

This loan is to buy supplies now that there is demand from her customers. Her dream is to have a store in the market in Managua, from which she could sell her products wholesale.
View original language description ↓
La señora Luz Mariana tiene 33 años. Actualmente sigue adelante con su negocio como es la venta de ropa usada y nueva. En meses ha tenido problemas con la distribución de su producto, pero esto se debe a que las personas sin trabajo ahora están buscando como poner negocios, y este negocio de ropa usada es el más fácil de establecer, además que las ganancias son promedias. Este financiamiento es para la compra de materia prima, ya que tiene la demanda de sus clientes. Su sueño, es tener una tienda en el mercado de Managua, en el cual distribuya todos sus productos al por mayor.

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
  • 89
    View loans »
    Nicaragua Loans Fundraising
  • $24,392,675
    Funds lent in using Kiva
  • 21.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Luz Mariana to buy used and new clothing.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 11, 2010
Listed
Aug 29, 2010
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2011