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Maria De La Concepcion
Maria De La Concepción is 64 years old and has one child in her care. This is not the first time that she has taken loans to improve the running of her business.

Maria's business is a small grocery store that she set up 11 years ago. She started out with very few products as she didn't have much working capital. She has gradually improved her business and is always looking for ways to improve it every day. She is requesting this loan to buy basic grain, candy, natural soft drinks, juice, bread and cookies. She dreams of increasing her working capital since she would like to always remain in her business.
View original language description ↓
Maria De La Concepción tiene 64 años, tiene 1 hijo a su cargo. Por lo que no es la primera vez que realiza financiamientos para el buen funcionamiento de su negocio. Ella se dedica a una pulpería, inicio hace mas de 11 años con muy pocos productos, debido a que no poseía mucho capital de trabajo, por lo que poco a poco es que ha ido mejorando su actividad ya que siempre está buscando la forma de mejorar cada día más. El motivo del financiamiento es para la compra de granos básicos, golosinas, refrescos naturales, juegos, pan y galletas. Por lo que sueña con incrementar su capital de trabajo pues le gustaría mantener siempre esta actividad económica.

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
  • 131
    View loans »
    Nicaragua Loans Fundraising
  • $24,558,975
    Funds lent in using Kiva
  • 22.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Maria De La Concepcion working capital.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 11, 2011
Listed
Feb 18, 2011
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2012