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Mercedes Gregoria
Mercedes Gregoria is a married adult with three adult children. She is originally from the municipality of Chinandega, which is located in the western part of the country. She is known for being a hardworking and responsible woman with a strong desire for self-improvement. She is also a small business owner who makes her living in the marketing of general merchandise such as clothing, footwear, cosmetics, photo enlargements, kitchen utensils, and plastic products, etc.

She does her purchasing in other parts of the country and with the wholesale distributors in the municipality of Chinandega. She sells this merchandise as a walking salesperson often selling on credit. She has three people who are responsible for distributing goods in rural areas as well as some urban areas. She started her business with her own capital, which has gradually been able to increase her demands. Today she wants to build an annex for new businesses that she will gain in the near future. The purpose of this funding is to invest in working capital in her business for example: cosmetics, clothing, footwear, plastic products, etc. so that this month's sales are high enough to allow her to grow her clientele and income and help her improve her home and add more product lines to her business.
View original language description ↓
Mercedes Gregoria mayor de edad casada con tres hijos mayores de edad, originaria del municipio de chinandega, ubicado en el occidente del país, se caracteriza por ser una mujer trabajadora, responsable, y con muchos deseos de superación personal, ademas es una microempresaria que se dedica a la comercialización de mercadería en general como: ropa, calzado, cosméticos, ampliaciones de fotografías, utensilios para cocina, productos plásticos y otros, ella realiza compras en otro departamentos del país y en distribuidores mayoristas del municipio de Chinandega, dicha mercadería la vende de forma ambulante estilo cortero para lo cual cuenta con tres personas que se encargan de distribuir la mercadería en sitios rurales y algunos urbanos. inicia su negocio con capital propio, el cual poco a poco ha logrado incrementar sus demandas, hoy en día ella desea construir un anexo para nuevos negocios que en un futuro no muy lejano lo conseguirá, el objetivo de este financiamiento es para invertir en capital de trabajo en su negocio como: cosméticos, ropa, calzado, productos plásticos entre otros, por lo que en este mes las ventas son altas lo que le permitirá incrementar su clientela e ingresos.
Mejorar mi casa y ampliar a mas líneas mi 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).

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About Nicaragua

  • $3,636
    Average annual income
  • 166
    View loans »
    Nicaragua Loans Fundraising
  • $23,232,100
    Funds lent in using Kiva
  • 25.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $875 helped Mercedes Gregoria to purchase cosmetics, footwear, clothing, and plastic products etc.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 5, 2013
Listed
Dec 23, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2015