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Thelma Margarita
Thelma Margarita has been working in a small general store for over eighteen years. She feels very secure in her line of work, which has allowed her to fulfill her family's basic needs. This is not the first time she has received funding. The loan process has been very rewarding for her as it has helped her to offer her customers the products that they are looking for. She will use this loan to buy candy, soda, basic grains and detergent, among other things. She would like to expand her business even more so that she can provide her children with a brighter future and allow them to take charge of their lives.
View original language description ↓
Thelma Margarita se dedica a una pulpería hace más 18 años, por lo que se siente muy segura de este medio de vida que le ha brindado a ella y su familia lo necesario. Esta no es la primera experiencia que obtiene con financiamientos pues ha sido muy gratificante para ella, ya que le ha ayudado a ofrecer los productos que sus clientes solicitan. El crédito es para la compra de golosinas, refrescos, granos básicos, detergentes entre otros. Desea seguir ampliando su negocio aun mas para poder dejarles a sus hijos un buen futuro y que ellos se hagan cargo.

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
  • 124
    View loans »
    Nicaragua Loans Fundraising
  • $24,547,700
    Funds lent in using Kiva
  • 22.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Thelma Margarita purchase of goods for her store.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 25, 2011
Listed
Jan 31, 2011
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2012