Check out some available loans that are similar to this one!
Fatima Lisseth

Update on Fatima Lisseth

Fátima Lisseth is a hard worker who all her life has worked to get ahead and help with the household expenses. This entrepreneur has already worked with Fundación León on one loan, at which time she showed herself to be a responsible person and with a great desire to overcome all obstacles in life and at her work. Currently, she is asking for financing to buy more products and will buy clothing, sandals, shoes, shirts, blouses, and underwear as well as other items.
View original language description ↓
Fátima Lisseth es una emprendedora que toda la vida ha trabajado para salir adelante y apoyar en los gastos del hogar, esta emprendedora ya ha venido trabajando con Fundación León en crédito lo cual ha demostrado ser una persona responsable y con muchos deseos de superación en la vida y en negocio. Actualmente esta solicitando financiamiento para comprar más productos lo cual comprara ropa, sandalias, zapatos, camisas, blusas, blúmer entre otros productos.

Previous Loan Details

Fátima Lisseth is an enterprising young woman who has through much effort created her business which is the sale of general merchandise. At 21 years of age she has established her business very well. She learned this business from a friend and liked it. She now has regular customers who visit her... More from Fatima Lisseth'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

  • $3,636
    Average annual income
  • 62
    View loans »
    Nicaragua Loans Fundraising
  • $23,479,050
    Funds lent in using Kiva
  • 23.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $175 helped Fatima Lisseth to buy clothing, sandals, shoes, shirts, blouses, and underwear as well as other items.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 14, 2012
Listed
Apr 22, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2012
This photo was used before for a previous loan for Fatima Lisseth. It was first posted on Kiva on Dec, 2011. Learn More