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Magarita
Margarita is a pig butcher. She is more than 60 years old. Her business is located on the outskirts of the market. She has worked with the Foundation for a long time and is very happy about being a good client. The majority of her customers know that she offers a good service with her products and that her quality is very good. This loan is to buy pigs, since she does not currently have much capital.
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Margarita se dedica al destace de cerdo. Tiene más 60 años, la ubicación de su negocio es en las afueras del mercado. Ella tiene mucho tiempo de trabajar con Fundación y se siente muy contenta de ser una buena cliente. La mayoría de sus clientes saben que ofrece un buen servicio con sus productos y que la calidad es muy buena. Este crédito es para la compra de cerdos, pues actualmente no tiene mucho capital.

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
  • 151
    View loans »
    Nicaragua Loans Fundraising
  • $24,072,325
    Funds lent in using Kiva
  • 22.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Magarita business Capital.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 25, 2011
Listed
Feb 4, 2011
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2011