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Mayra Luisa

Update on Mayra Luisa

Mayra Luisa, 50, lives in Chinandega department in the western part of the country. She owns a grocery store where she sells staple goods, sweets, and cosmetics like creams, shampoos, perfumes, makeup, wet wipes, and other things, as well as general merchandise like hair bows, hair ties, notebooks, pencils, folders, crepe paper, glue, and the like. She began to work from an early age and little by little she was able to improve her economic condition. Currently she is applying for a loan to invest in her business, increasing her inventory because demand has increased and she wants to provide better service to her clientele. Mayra feels very glad for the support and help that Kiva lenders offer to people with scarce resources and poor countries like Nicaragua so that they may have dignified work.
View original language description ↓
Mayra Luisa de 50 años de edad con domicilio en la departamento de Chinandega en el occidente del país es dueña de una pulpería en la que vende granos básicos, golosinas, cosméticos como: cremas, shampoo, perfumenes, pinturas, toallas húmedas, entre otros y mercadería en general como: prensapelos, colas, cuadernos, lápices, fólderes, papel crepe, pega, entre otros ella desde temprana edad comenzó a trabajar y poco a poco pudo ir mejorando su condición económica, actualmente ella está solicitando crédito para invertir en su negocios incrementando más su inventario porque su demanda de consumo ha incrementado , y desea prestarle mejor servicios a su clientela, Mayra se siente muy contenta con el apoyo y la ayuda que los Inversionistas Kivas ofrecen a las personas con escasos recursos y a países pobres como Nicaragua para tener un medio digno de trabajo.

Previous Loan Details

Mayra Luisa, 48, works as an elementary school teacher. She has two children and strives daily to improve her family’s quality of life. Mayra is a happy woman; she has her house that needs improvement and that’s why she’s asking for a loan to buy cement, concrete blocks and sand, among others. ... More from Mayra Luisa'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
  • $25,413,450
    Funds lent in using Kiva
  • 25.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Mayra Luisa to buy consumer goods to expand her grocery store, and also to buy general merchandise like school supplies and cosmetics among other things.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Aug 6, 2013
Aug 31, 2013
Currency Exchange Loss:
Sep 17, 2014