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Maria Margarita
Maria Margarita has worked in her small grocery store for 27 years. However, she has had difficulties such as health problems like rheumatism pain that kept her from opening her store.

She wants to better supply her business so she can have more customers and be able to offer them other products. The loan she is requesting is to purchase staple grains, creams, milk, sweets, juices, matches and salt among other things. Her dream is to be able to complete some improvements to her house.
View original language description ↓
Maria Margarita trabaja en su pulpería desde hace 27 años, sin embargo ha tenido dificultades como es de salud ya que muchas veces no pude tiene dolores de reumatismo lo que le impide abrir su pulpería. Ella quiere tener más surtido en su negocio para poder tener más clientes y además poder ofrecerles otros productos. El financiamiento que solicita es para la compra de granos básicos, cremas, leches, golosinas, jugos, fósforos, sal entre otros. Su sueño es poder tener realizarle mejoras a su vivienda.

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
  • 90
    View loans »
    Nicaragua Loans Fundraising
  • $24,770,775
    Funds lent in using Kiva
  • 22.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $675 helped Maria Margarita to purchase staple grains, creams, milk, sweets, juices, matches and salt among other things.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 8, 2011
Listed
Aug 1, 2011
Currency Exchange Loss:
Possible
Ended:
Oct 16, 2012