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Maria Guadalupe

Update on Maria Guadalupe

María Guadalupe is 25 years old and married. She and her husband support their two young children. Her business involves selling general merchandise. This entrepreneur started her business three years ago because she needed to work in order to pay for the household expenses.

The loan she is requesting will be used to buy clothing such as trousers, men’s and women’s shirts, shorts, children’s outfits, and undergarments for adults. She will also buy cosmetics to sell, such as perfumes and crèmes.

View original language description ↓
María Guadalupe casada de 25 años de edad con dos hijos menores de edad el cual tiene que mantener junto con su esposo, su actividad económica es la venta de mercadería en general esta emprendedora inicio su negocio desde hace 3 años por la necesidad de tener un trabajo para ayudar a pagar en los gastos de su hogar. El financiamiento lo quiere para comprar ropa como pantalones, camisas para dama y varones, chores, ropa de niño y ropa interior para adultos, venta de cosméticos como perfumen y cremas.

Previous Loan Details

Maria Guadalupe works selling general merchandise and has had this business for more than three years. This is not the first time that she is requesting a loan because it has been an alternative means of getting ahead with her business. She began this means of living due to the need to generate... More from Maria Guadalupe'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
  • 77
    View loans »
    Nicaragua Loans Fundraising
  • $25,409,250
    Funds lent in using Kiva
  • 23.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Maria Guadalupe to buy clothing and cosmetics.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jun 21, 2012
Jun 28, 2012
Currency Exchange Loss:
May 17, 2013