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Mardi De La Concepcion
Mardi De La Concepción is 56 years old and a woman who enjoys working. Her business is a grocery store that she has owned for more than six years. She started out selling just a few products. Her neighbors requested a variety of products from her but she didn't have much capital so she started taking out loans which helped her to grow her business. The loan that Mardi is currently requesting will be used to buy basic grains, candies, soft drinks, bread, detergents, matches and soups. Mardi would like to improve her roof because during the rainy seasons she experiences problems in her home.
View original language description ↓
Mardi De La Concepción tiene 56 años. Ella es una mujer que le gusta trabajar. La actividad económica a la que se dedica es una pulpería desde hace más de 6 años que se dedica a este negocio. Ella inicio con pocos productos pues la mayoría de sus vecinos solicitaban una variedad de productos pero al no tener mucho capital, fue que empezó con los financiamientos que le ayudaron a crecer. El financiamiento que solicita es granos básicos, golosinas, refrescos, pan, detergentes, fósforos y sopas. Su deseo es mejorar el techo de su vivienda, ya que en las temporadas de lluvia tiene problemas en su casa.

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
  • $24,576,775
    Funds lent in using Kiva
  • 22.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,050 helped Mardi De La Concepcion to buy basic grains, candies, soft drinks, bread, detergents, matches and soups.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 12, 2011
Listed
May 26, 2011
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2012