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Leyla Mercedes
Leyla Mercedes is 60 years old. She runs a "pulpería" [a small grocery store] located in her house. She has been working with Fundación Leon for a long time, so she has demonstrated that she is an excellent client. At her store, she offers products like salt, sugar, oil, soap, and soft drinks. She has had her business for more than six years. She started with selling pork and yucca from a street cart, and when her daughter suggested that she open a pulpería in her house, her store was born. This loan is to buy a great variety of products.
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Leyla Mercedes tiene 60 años, su actividad es una pulpería que está ubicada en su casa de habitación tiene mucho tiempo de trabajar con Fundación, pues ha demostrado ser una excelente cliente. Ella ofrece productos como sal, azúcar, aceite, jabón y refrescos, hace mas de 6 años que tiene este negocio, inicio con un carretón en el que proporcionaba la venta de chancho con yuca y lo realizaba en las calles razón por la que su hija le propone instalar una pulpería en su casa y así nace el establecimiento. Ahora el financiamiento es para la compra de una gran variedad de productos.

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
  • 21.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Leyla Mercedes to buy a variety of products for her small grocery store.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 31, 2010
Listed
Sep 1, 2010
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2011