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Mercedes
Mercedes is 37 years old. She is known for offering good service to her customers. Her business is a small grocery store that she set up more than 10 years ago. She has shown that she can get ahead and improve her income. This is why she is very motivated by this way of life since, over time, she has managed to acquire the necessary experience. She is requesting this loan to buy candies, soft drinks, bread, basic grains, etc. She dreams of improving her grocery store and providing her family with a basic income.
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Mercedes tiene 37 años, ella se caracteriza por ofrecer un buen servicio a sus clientes. Su actividad es una pulpería que inicio hace más de 10 años, ella ha demostrado que puede salir adelante y ayudar a mejorar sus ingresos. Es por eso que se encuentra muy motivada con este medio de vida, ya que ha sido con el paso del tiempo que ha logrado adquirir la experiencia necesaria. El motivo del financiamiento es para la compra de golosinas, refrescos, pan, granos básicos entre otros. Sueña con mejorar su pulpería y proporcionarle a su familia los ingresos básicos.

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
  • 133
    View loans »
    Nicaragua Loans Fundraising
  • $24,566,075
    Funds lent in using Kiva
  • 21.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Mercedes working capital.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 30, 2010
Listed
Dec 14, 2010
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2011