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Magaly Del Socorro
Magaly del Socorro is 45 years old. She sells general goods. She has had this business for more than 6 years. She is a very enterprising woman and she enjoys her business. As well as being a great housewife, she is also a saleswoman. She started in her business thanks to the help of a friend who motivated her to start. She will use her loan to buy footwear, cosmetics, towels, sheets and other things in general.
View original language description ↓
Magaly del Socorro tiene 45 años, su actividad es la venta de mercadería en general. Hace más de 6 años que tiene este negocio, es una mujer muy emprendedora y disfruta de su negocio Ella además de ser una gran ama de casa se dedica al comercio, empezó gracias a la ayuda de una amiga que la impulso a que empiece en este negocio. el motivo del financiamiento es para la compra de calzado, cosméticos, toallas, sabanas y otras cosas en general.

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
  • 172
    View loans »
    Nicaragua Loans Fundraising
  • $23,230,250
    Funds lent in using Kiva
  • 21.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Magaly Del Socorro working capital.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 24, 2010
Listed
Dec 6, 2010
Currency Exchange Loss:
Possible
Ended:
Jan 21, 2012