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Reyna Margarita
Reyna Margarita has had a grocery store for some time now; it’s located in her house and she does very well because she has many customers thanks to the good service she provides. It started because her mother used to do the purchases and then she and her husband decided to take charge of the business.

The loan will be used to buy basic grains, snacks, bread, cookies, soft-drinks, soup, toilet paper and eggs. She is a dynamic person with a strong drive to get ahead; her wish is to improve her and her family’s quality of life.
View original language description ↓
Reyna Margarita tiene la actividad de pulpería ya hace bastante tiempo, está ubicado en su vivienda, a ella le va muy bien porque tiene muchos clientes por el buen servicio que brinda, inicio porque su Mama se encargaba de realizar las compras fue por su esposo que juntos decidieron hacerse cargo de este negocio. El crédito será invertido en la compra de granos básicos, golosinas, pan, galletas, refrescos, sopas, papel higiénico y huevos. Es una persona dinámica con ganas de superación su deseo es el de mejorar la calidad de vida de ella y de su familia.

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
  • 142
    View loans »
    Nicaragua Loans Fundraising
  • $24,094,725
    Funds lent in using Kiva
  • 22.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Reyna Margarita to buy stock merchandise for her store.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 11, 2011
Listed
Nov 4, 2011
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2012