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Johana Mercedes

Update on Johana Mercedes

Johana Mercedes is an entrepreneur who has received previous loans that she invested in her business, buying merchandise so she could offer her customers a variety of products. During her past loans, she has shown herself to be a responsible and successful person with ongoing goals to improve. She is currently requesting financing to buy merchandise like pants, shirts, knickers, shorts, shoes, and a variety of cosmetics, among other products.
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Johana Mercedes es una emprendedora que se le ha apoyado en el financiamiento para invierta en su negocio en la compra de mercadería y poder ofrecerle a sus clientes variedad de productos, durante los créditos que se les brindo a la emprendedora ha demostrado ser una persona responsable y triunfadora que tiene objetivos que seguir para superarse. Actualmente está solicitando financiamiento para comprar mercadería lo cual comprara pantalones, camisas, blúmer, short, zapatos, variedad de cosméticos entre otros productos.

Previous Loan Details

Johana, 31 years old, has one son who lives with her and helps her as much as possible with her business. She works selling general merchandise. She is a hard working woman so this is not the first time she has sought financing for her business which has been very satisfactory. She has always wor... More from Johana Mercedes's previous loan »

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).

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About Nicaragua

  • $4,800
    Average annual income
  • 62
    View loans »
    Nicaragua Loans Fundraising
  • $25,382,700
    Funds lent in using Kiva
  • 23.2
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Johana Mercedes to buy merchandise like pants, shirts, knickers, shorts, shoes, and a variety of cosmetics, among other products.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Mar 12, 2012
Apr 10, 2012
Currency Exchange Loss:
Mar 21, 2013