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Maria De La Concepcion
Maria De La Concepción is 49 years old. She has four children, however, only two are under her care. She makes her living selling cosmetics. She started three ago because she liked the business. Previously she didn’t have a steady job, so she decided to sell these products in her area. At the time, she sold her products on foot and this is how she gained a wide variety of customers. She works everyday, mornings and evenings, to promote her products. With the help of this loan, she wants to buy lipstick, nail polish, cream, beauty treatments, powders, perfume, and other items. In the future, she wishes to continue increasing her inventory.
View original language description ↓
Maria De La Concepción de 49 años, tiene 4 hijos y solamente 2 están bajo su cargo. Ella se dedica la venta de cosméticos. Empezó hace 3 años porque le gusta el comercio antes no tenía trabajo estable que decidió vende estos productos por su sector y a la vez de manera ambulante es así que ella ha tenido una gran variedad de clientes. Labora diariamente en las mañana y en las tarde es así que se dedica a promocionar sus productos. Con la ayuda del préstamo quiere comprar materiales como lápiz labial, pintura de uñas, cremas, tratamientos, polvos, perfumes entre otros. En un futuro quiere seguir aumentando su inventario.

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
  • 120
    View loans »
    Nicaragua Loans Fundraising
  • $24,042,425
    Funds lent in using Kiva
  • 22.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Maria De La Concepcion to purchase lipstick, nail polish, cream, beauty treatments, powder, perfume, and other items.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 13, 2011
Listed
Aug 1, 2011
Currency Exchange Loss:
Possible
Ended:
Aug 16, 2012