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Marcia Mercedes
Marcia Mercedes, 42, is a charismatic and hard-working woman. She lives in her own house with her three daughters. Through great effort, she has built her business of selling beauty products. Every day she travels the streets offering her beauty products for sale to relatives, friends, and neighbors in her area. They prefer to buy from her because she treats her customers well and offers good service. She will use this loan to buy products like perfumes, powders, and undergarments, among other things. She will buy more beauty products in order to satisfy the various outstanding orders she has.
View original language description ↓
Marcia Mercedes de 42 años, es una mujer carismática y trabajadora, vive en su casa propia, con sus tres hijas. Con mucho esfuerzo, lleva adelante su negocio los de productos de belleza. Todos los días recorre las calles ofreciendo sus productos de belleza a sus familiares, amigas y vecinas de su barrio, quienes la prefieren por su buen trato y las facilidades que le brinda. Este crédito será para la compra de materia prima como perfumes, polvos, ropa interior entre otras cosas así comprará más productos de belleza, para abastecer los diversos pedidos pendientes que tiene.

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
  • 63
    View loans »
    Nicaragua Loans Fundraising
  • $23,461,725
    Funds lent in using Kiva
  • 21.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Marcia Mercedes to buy beauty products for resale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 13, 2010
Listed
Jan 1, 2011
Currency Exchange Loss:
Possible
Ended:
Jan 21, 2012