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Marina Del Carmen
Marina Del Carmen is 48 years old. Her business is a bakery. It has been more than 6 years since she began this business as she decided to invest in it through her children as it is very profitable and Maria was interested in learning this business. Her family provides the necessary support in this business and by working together have been successful. The loan will be used to buy flour, eggs, butter, and other needed products. In the future she would like to continue supporting her children so that they will be successful and able to get ahead in life.
View original language description ↓
Marina Del Carmen tiene 48 años. Su actividad económica es una panadería. Hace más de 6 años que inicio esta actividad ya que por medio de sus hijos ella decide incursionar en este negocio, pues es muy rentable y Maria estaba interesada en aprender este negocio. Su familia brinda el apoyo necesario en este negocio y así fue como unidos salieron adelante. El motivo del crédito es para la compra de harina, huevos, mantequilla entre otros productos necesarios. Para un futuro le gustaría seguir apoyando a sus hijos para que salgan adelante.

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
  • 166
    View loans »
    Nicaragua Loans Fundraising
  • $23,234,200
    Funds lent in using Kiva
  • 22.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Marina Del Carmen working capital for her business.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 26, 2011
Listed
Mar 4, 2011
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2012