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Mercedes Martina
Mercedes Martina is 35 years old. She has been in her business for two years. It is important to highlight that she started her business because she couldn't find work and she started the business with the goal of helping her family. Mercedes Martina's business is a stationery store. She has owned her business for more than two years. She has gradually managed to improve her business and offer more products to her customers. This is her first loan and she will use it to buy pencils, composition books, erasers, paper, pencil sharpeners and rulers.
View original language description ↓
Mercedes Martina tiene 35 años de edad, la señora tiene 2 años de tener este negocio pero es importante resaltar que esta actividad nació por la falta de empleo con el objetivo de ayudar a su familia ya que ella se dedica a lo que es librería. Hace más de 2 años que tiene este negocio, ha logrado mejorar poco a poco y ofertar más productos a sus clientes. Este es su primer financiamiento que ella realiza es así poda comprar lápices, cuadernos, borradores, hojas, tarjadores y reglas es por eso que realiza este financiamiento.

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
  • 125
    View loans »
    Nicaragua Loans Fundraising
  • $24,551,600
    Funds lent in using Kiva
  • 22.4
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Mercedes Martina to buy pencils, composition books, erasers, paper, pencil sharpeners and rulers.
100% repaid
Repayment Term
23 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 26, 2011
Listed
Jun 17, 2011
Currency Exchange Loss:
Possible
Ended:
Mar 21, 2013