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Maria Mercedes
Maria Mercedes is a small business owner. She sells prepared foods. She has had 15 years experience in this field and it has been her livelihood. She sells her delicious food every day from her home. With this loan she will purchase basic grains, meats, chicken, fruits and vegetables. She will be able to increase her sales and improve her finances. She often her sales are small and it impacts her capital, no longer being able to reinvest in the business. She is a woman that has managed to improve her earnings every day.
View original language description ↓
Maria Mercedes es una pequeña comerciante, vende comida. Son 15 años en las ventas pues ha hecho su medio de sobrevivencia, ella sale a vender sus deliciosos platillos todos los días en su vivienda. Con este préstamo comprara granos básicos, carne, pollo, frutas y verduras para lograr aumentar las ventas para mejorar su economía, ya que muchas veces vende poco y pierde lo que se descapitaliza, y no cuenta con dinero para invertir más. Es una mujer que ha logrado mejorar cada día sus ingresos.

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

  • $4,800
    Average annual income
  • 92
    View loans »
    Nicaragua Loans Fundraising
  • $24,770,775
    Funds lent in using Kiva
  • 21.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Maria Mercedes working capital.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 7, 2010
Listed
Sep 8, 2010
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2011