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Maribel Arcadia
Maribel is 47 years old and has a small food sales business located in her humble home, from which she sells a great variety of dishes to her customers. Her mother was previously in charge of the business but over time, she decided that Maribel should have it to support her three young children. It has been difficult to maintain the business and she has had it for 15 years. She works from very early until it is dark selling drinks, gallo pinto (a typical Nicaraguan dish made of rice and beans mixed together), plantains, roasted beef, fried plantain, and cheese, among other delicious dishes. With the loan, she wants to buy rice, sugar, vegetables and drinks. In the future, she wants to improve her home’s exterior to give it to one of her children.
View original language description ↓
Maribel de 47 años, tiene su pequeño negocio que es la venta de comida. Por lo que está ubicado en su humilde vivienda, en donde ofrece una gran variedad de platillos a sus clientes. Cuando pues anteriormente era su Mama quien tenía a cargo el negocio, pero con el paso del tiempo decidió que Maribel se quedara con él para mantener a su 3 hijos menores de edad. Pues ha sido difícil mantener este negocio pues tiene 15 años de tenerlo. Ella trabaja desde muy temprano hasta el anochecer vendiendo bebidas, gallo pinto, platanitos, carne asada, maduro frito, queso entre otros ricos platillos. Con el préstamo quiere comprar arroz, azúcar, verduras y bebidas. En el futuro quiere mejorar la fachada de su casa para proporcionárselo a uno de sus hijos.

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
  • 108
    View loans »
    Nicaragua Loans Fundraising
  • $23,723,925
    Funds lent in using Kiva
  • 21.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Maribel Arcadia working capital.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 14, 2010
Listed
Oct 23, 2010
Currency Exchange Loss:
Possible
Ended:
Nov 18, 2011