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Karen Mercedes
Karen Mercedes is 32 years old. Her business is selling general merchandise and she has been in this business for more than four years. Karen is an entrepreneurial woman who enjoys being able to provide for her children, making the income they need to aspire to a better life. She is requesting this loan to buy bags, footwear, cosmetics, sheets, clothes and other products.
View original language description ↓
Karen Mercedes tiene 32 años, su actividad es la venta de mercadería en general. Hace más de 4 años que se dedica a este negocio, pues es una persona emprendedora que disfruta de ofrecerles a sus hijos el medio de ingreso necesario para que puedan aspirar una mejor vida. El crédito que solicita es para la compra de bolsos, calzado, cosméticos, sabanas, ropa en general entre otros.

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
  • 133
    View loans »
    Nicaragua Loans Fundraising
  • $24,060,850
    Funds lent in using Kiva
  • 22.4
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Karen Mercedes to buy bags, footwear, cosmetics, sheets, clothes, and other products.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 24, 2011
Listed
Jul 11, 2011
Currency Exchange Loss:
Possible
Ended:
Aug 16, 2012