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Lucrecia Mercedes
Señora Lucrecia Mercedes is 37 years old, and has one son of school age. She knows how to stand out from the crowd, and dedicates her time to selling her craft work. She overcomes the challenges she faces, such as finding means of transport to take her different products to her customers. She started this business because of her grandparents, who taught her this way of life and work. Over time she has invested in it, so that little by little it has come to provide her with good earnings. Her loan will be invested in the purchase of raw materials, as she has various orders to fill. Her dream is to buy a pickup to transport her goods.
View original language description ↓
La señora Lucrecia Mercedes tiene 37 años, tiene 1 hijo menor de edad. Cabe señalarse. La señora se dedica a la venta de artesanía. A pesar de los desafíos que enfrenta como es el medio de transporte para trasladar los diferentes productos que ofrece a sus clientes. Este negocio ella lo inicio por sus abuelos que le enseñaron este medio de vida y que ella lo obtuviera como medio de trabajo y con el tiempo fue invirtiendo poco a poco hasta que le brindo ganancias mayores. Su crédito será invertido en la compra de materia prima pues tiene algunos pedidos. Su sueño es llegar a comprar una camioneta para trasladar su mercancía.

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
  • 106
    View loans »
    Nicaragua Loans Fundraising
  • $24,828,400
    Funds lent in using Kiva
  • 21.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Lucrecia Mercedes working capital.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 18, 2010
Listed
Oct 25, 2010
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2011