Check out some available loans that are similar to this one!
Yorlen Marieth
Yorlen Marieth, 24, is a single mother who cares for her young son. She lives in the Chinandega department in western Nicaragua. She sells general merchandise such as children's and adult clothing, shoes, costume jewelry, cosmetics, and gold, silver, and metal jewelry. She purchases merchandise at wholesale in another department in the country. She sells it to other merchants on the Internet and to the general public as a street vendor. She has regular clients, to whom she sells for cash and for credit with weekly payment terms. She started her business with her own funds four years ago to help support her young son.

Yorlen has applied for a loan to buy better styles and more colors of clothing to meet customer demand and other items like gold, silver, and metal jewelry. She is hardworking, honest, and responsible and wants to succeed. One of her dreams is to be able to stock more inventory so that she and her family will be financially stable.
View original language description ↓
Yorlen Marieth es madre soltera, con un hijo menor de edad aun bajo su responsabilidad, tiene 24 años de edad y reside en el departamento de Chinandega en el occidente del país, se dedica a la venta de mercadería en general, como ropa para niños y adultos, zapatos, bisuterías, cosméticos, al igual que ofrece todo tipo de prendas de oro, plata y laminado, acero y entre otros, ella realiza sus compras al por mayor en uno de los mercados de otro departamento del pais, realiza sus ventas por medio de internet a comerciantes de tiendas, y público en general al igual que de forma ambulante, ella tiene clientes fijos y eventuales a los que le vende sus productos al contado y al crédito el cual lo recupera semanalmente, ella inicio su negocio desde hace 4 años con capital propio, negocio que le ayudado a sacar adelante a su pequeño hijo, Yorlen solicita crédito para la compra de capital de trabajo con el que comprara ropa con mejores estilos y colores que le agradan a la demanda, y otros como prendas de oro, plata, acero, laminado, ella es una mujer trabajadora, honesta, responsable y con deseos de superación, uno de sus sueños es poder incrementar el inventario de su negocio para para tener una estabilidad económica en su pequeña familia.

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).

Tags

About Nicaragua

  • $3,636
    Average annual income
  • 87
    View loans »
    Nicaragua Loans Fundraising
  • $23,715,900
    Funds lent in using Kiva
  • 25.0
    Nicaragua Cordobas (NIO) = $1 USD
Expired
A loan of $1,225 helped Yorlen Marieth to buy general merchandise such as clothing and shoes and gold, silver, and metal jewelry.
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 27, 2013
Listed
Oct 10, 2013
Currency Exchange Loss:
Possible
Expired:
Nov 9, 2013