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Mayra Del Socorro
Mayra is 66 years old, married and has five children. She is from a humble and hardworking family. Her husband is a baker, so 32 years ago Mayra and her husband started a bakery because they needed to get ahead. They started with very little, but with sacrifice and effort they have been able to get ahead.

Mayra and her husband supply their community with baked goods, and they are very well known for their experience. The premises of the bakery – which is located in Mayra’s home – have deteriorated over the years, and Mayra would like to repair it. Mayra is requesting this loan to do some repairs to the bakery such as change part of the roof and construct a small wall. Mayra says these repairs are needed because winter is approaching and the bakery could flood, which would cause serious losses for her business.
View original language description ↓
Mayra de 66 años, casada, madre de 5 hijos, de una familia muy humilde y trabajadora inicio un negocio de panadería hace 32 años con su esposo ya que su esposo era panadero y necesitaban salir adelante comenzaron con muy poco pero con sacrificio y esfuerzo han podido salir adelante, es una panadería que abastece su comunidad y por su experiencia ya son muy conocidos, el lugar donde se encuentra la panadería a través de los años se ha deteriorado y ella quiere mejorarla ya que está ubicada en su casa de habitación. Mayra solicita este crédito para hacer unos arreglos a la panadería como cambiar parte del techo y hacer una pequeña pared ya que se acerca el invierno y su panadería se puede inundar y ocasionara graves pérdidas en su negocio.

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
  • 66
    View loans »
    Nicaragua Loans Fundraising
  • $23,659,150
    Funds lent in using Kiva
  • 24.5
    Nicaragua Cordobas (NIO) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $625 helped Mayra Del Socorro to buy zinc sheeting, iron, cement, blocks, sand and other materials to construct a wall and repair the roof of her bakery.
99% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 14, 2013
Listed
Mar 17, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2014