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Gloria Melida
Gloria Melida, 38, is single and has two children, ages 18 and 22, the youngest of which is in high school. She is a merchant and sells goods in general, such as youth and adult clothing, cosmetics and shoes, along with other items she receives orders for. She started her business 15 years ago and works as a street vendor, purchasing from distributors who import the products.

She started the business with economic help from her brothers and over time it has improved. The loan she is requesting is to buy more merchandise in an effort to improve sales and her income so she can provide her children with a better future. Gloria Melida is grateful for the help given to small business owners with low incomes in poor countries such as Nicaragua.
View original language description ↓
Gloria Melida es una mujer de treinta y ocho años, soltera y mamá de dos hijos de 18 y 22 años de edad, el menor de ellos es estudiantes de secundaria, ella es comerciante de mercadería en general como ropa juvenil y de adultos, prendas, cosméticos, zapatos, entre otros productos que le encargan, este negocio lo inicio desde hace quince años, ella vende de manera ambulante, compra a distribuidores que importan los productos. El negocio lo inicio con la ayuda económica de sus hermanos y poco a poco ha ido mejorando. Solicita el crédito con el objetivo de invertir en su negocio y surtir sus productos. Planea mejorar sus ventas y mejorar sus ingresos para mejorar el futuro de sus hijos. Gloria Melida agradece la ayuda que le brindan a los pequeños comerciantes de escasos recursos y países pobres como es Nicaragua.

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
  • 79
    View loans »
    Nicaragua Loans Fundraising
  • $25,420,300
    Funds lent in using Kiva
  • 24.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Gloria Melida to buy merchandise such as clothing, cosmetics and shoes.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Feb 26, 2013
Feb 28, 2013
Currency Exchange Loss:
Apr 18, 2015