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Martha Lily
Martha Lily has been selling cosmetics for a living for more than 4 years because she has always been worried about providing for her family. She sells from home and as a street vendor. She strives everyday to increase her clientele and the quality of her products. For this reason she is requesting a loan to purchase creams, treatments, perfumes, lotions, lip pencils, liners, powders and dyes. She wants to expand her business more every day and at the same time improve her services.
View original language description ↓
Martha Lily se dedica a la venta de cosméticos. Tiene más de 4 años que se dedica a este negocio, por lo que siempre se preocupo por proporcionarle a su familia los ingresos necesarios. Se encuentra ubicado en su vivienda y de manera ambulante. Ella trata de esmerarse cada día más para aumentar su clientela y la calidad de sus productos, por ello solicita el crédito para invertir en la compra de cremas, tratamientos, perfumes, lociones, lápiz labial, delineadores, polvos y tintes. Desea agrandar su negocio cada día mas y al mismo tiempo mejorar sus servicios.

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
  • 58
    View loans »
    Nicaragua Loans Fundraising
  • $23,422,650
    Funds lent in using Kiva
  • 22.2
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Martha Lily to purchase creams, treatments, perfumes, lotions, lip pencils, liners, powders and dyes.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 14, 2011
Listed
Apr 19, 2011
Currency Exchange Loss:
Possible
Ended:
May 15, 2012