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Darlin Marcelino
Darlin Marcelino has sold dairy products for over 6 years. He has some cows that produce a little milk to sell in the village, but demand is so high that he has to buy and sell more milk to meet customer demand. That’s why he is requesting this loan to buy milk and a cow to increase his livestock. With this loan he hopes to make more profits to support his family and household.
View original language description ↓
Darlin Marcelino se dedica a la venta de productos lácteos, hace más de 6 años que se dedica a este negocio, tiene unas cuantas vaquitas, las que le producen un poquito de leche, esta la vende en el pueblo, pero tiene mucha demanda por lo que tiene que comprar y vender más leche para cubrir la demanda de sus clientes. Por lo que solicita un nuevo financiamiento para la compra de leche y la compra de una vaca, para ir incrementando su ganado. Con esto espera obtener mejores ganancias, para mantener a su familia y el hogar.

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
  • 62
    View loans »
    Nicaragua Loans Fundraising
  • $23,478,675
    Funds lent in using Kiva
  • 21.6
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Darlin Marcelino buy milk and a cow.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 9, 2010
Listed
Sep 18, 2010
Currency Exchange Loss:
Possible
Ended:
Oct 18, 2011