Check out other loans that are currently fundraising!
Karen Maria
Karen María, 37, sells cosmetics. She’s had this business for over 7 years. She is a very self-sacrificing person for she is always watchful of her customers’ requests. She has two minor children in her care. Karen must get ready early every day to arrange her bag and go out to sell compacts, lipsticks, glitter, creams, shampoo and perfume. She is asking for the loan to buy these products. She dreams with setting up a small store where she wants to increase her stock inventory.
View original language description ↓
Karen Maria tiene 37 años, su actividad es la venta de cosméticos. Hace más de 7 años que tiene el negocio, es una persona muy abnegada pues siempre está pendiente de lo que sus clientes le solicitan. Ella tiene 2 hijos menores de edad a su cargo, Karen tiene que alistarse temprano todos los días para alistar su bolso y salir a ofrecer polvos, lápiz labial, brillos, cremas, shampoo y perfumes. Es por eso que solicita este crédito para la compra de estos productos. Sueña con establecer una pequeña tienda en donde quiere aumentar 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

  • $4,800
    Average annual income
  • 109
    View loans »
    Nicaragua Loans Fundraising
  • $24,832,275
    Funds lent in using Kiva
  • 22.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $225 helped Karen Maria to buy cosmetics and beauty supplies.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 15, 2011
Listed
Aug 2, 2011
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2012