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Yeni Mercedes
Yeni Mercedes sells dairy products and butchers pigs. She has had this business for over eight years. With the passage of time she has managed to give her family their daily bread.

She started with her own funds. In spite of the fact that she did not have much capital, she managed to get ahead.

The loan is to buy curd, cream, cheese, and milk, among other products to sell.
View original language description ↓
Yeni Mercedes se dedica a la venta de productos lácteos y destace de cerdos. Hace más de 8 años que tiene este negocio, con el paso del tiempo ella ha logrado brindarle a su familia el pan de cada día. Inicio con fondos propios pues a pesar de que no tenía mucho capital logro salir adelante. El financiamiento es para la compra de cuajada, cremas, queso, leche entre otros producto productos para ofrecerlos.

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
  • 71
    View loans »
    Nicaragua Loans Fundraising
  • $23,443,000
    Funds lent in using Kiva
  • 22.4
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Yeni Mercedes to buy curd, cream, cheese, and milk, among other products to sell.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 29, 2011
Listed
Jul 11, 2011
Currency Exchange Loss:
Possible
Ended:
Aug 16, 2012