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Mercedes
This isn’t the first loan Mercedes, 55, has requested; she’s been a client of the Fundación for a long time.

Her activity is meat sales since she’s always seeking ways to improve her and her family’s quality of life. Customers come by daily to buy a large variety of meat. She stocks sirloin, brisket, liver, round steak and other meat products and this is why she’s asking for a loan to buy a large variety of meats.
View original language description ↓
Mercedes tiene 55 años, esta no es la primera vez que solicita créditos ya que tiene mucho tiempo de ser cliente de Fundación. Su actividad es la venta de carne, pues siempre está buscando la forma de mejorar su calidad de vida y la de su familia, todos los días llegan sus clientes a comprarles una gran variedad de carne. Lo que ella ofrece es lomo, pancho, hígado, posta y otros productos, es por eso que solicita este crédito para la compra de una gran variedad de carnes.

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
  • 59
    View loans »
    Nicaragua Loans Fundraising
  • $23,422,650
    Funds lent in using Kiva
  • 22.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $900 helped Mercedes to buy meat and meat byproducts.
100% repaid
Repayment Term
16 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 9, 2011
Listed
Jun 9, 2011
Currency Exchange Loss:
Possible
Ended:
Jun 16, 2012