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Maria Mercedes
Mrs. Maria is 29 years old. Mrs. Maria has a business which buys and sells new clothes. This business started 6 years ago with very little working capital as a search for a source of alternative income. She is a young woman with a lot of desire to get ahead in her line of work. This is not the first time she has asked for a loan. The financing she is currently asking for is to buy skirts, pants, suits, and dresses as the good season is approaching.
View original language description ↓
La señora Maria, tiene 29 años. La señora Maria tiene su negocio de compra y venta de ropa nueva. Este negocio empezó hace 6 años con muy poco capital de trabajo, como una búsqueda de fuente de ingresos alternativos. Es una joven que tiene todas las ganas de salir adelante con su medio de vida. Esta no es la primera vez que solicita crédito. Actualmente con este financiamiento que solicita es para la compra de faldas, pantalones, trajes, vestidos ya que se acerca una buena temporada.

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
  • 162
    View loans »
    Nicaragua Loans Fundraising
  • $23,188,275
    Funds lent in using Kiva
  • 21.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Maria Mercedes working capital.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 17, 2010
Listed
Dec 1, 2010
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2011