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Margarita Del Socorro
Margarita del Socorro is an adult, married, with 3 underage children and originally from Chinandega, which is located in the west of the country. Margarita is a hard-working woman, responsible and eager for personal growth. Unfortunately, due to a lack of economic resources, she could not go to college and finished only her junior high school education. She had to work from a young age in order to help with home expenses.

She is an entrepreneur and manager of her own businesses, which consist of the sale of leather shoes, sport shoes, slippers, sandals, etc. in one of the markets of this municipality. She makes her sales and purchases with cash since she is located in a good place where people from other municipalities come to shop to Chinandega. She starts her work day early to be able to sell to those who arrive early in the morning to shop.

One of her dreams is to be able to grow her business, to establish a formal shop and to help her children study to become professionals.

The purpose of this loan is being able to obtain work capital and to supply her inventory with the purchase of shoes, such as: sandals, slippers, sport shoes, and to be able to fulfil some requests that her customers have requested from her. As her business grows she can buy at better prices, supply products that she does not have available and those that are introduced, such as new models of sandals, and to offer these to all her customers.
View original language description ↓
Margarita del Socorro mayor de edad casada con tres hijos menores de edad, originaria de chinandega, ubicado en el occidente del país, margarita se caracteriza por ser una mujer trabajadora, responsable, con ganas de superación personal. Lamentablemente por falta de recursos económicos, no pudo cursar una carrera terminando solo su secundaria, debido a que se vio obligada a trabajar desde temprana edad, para ayudar con los gastos del hogar, es una microempresaria y administradora de su propios negocio el cual consiste en la venta de Zapatos de cuero,deportivos, tenis, chinelas, sandalias, etc en uno de los mercados de este municipio. sus compras y ventas las realiza al contado ya que se encuentra en un buen punto porque es muy concurrido por las personas que vienen de otros municipios hacer sus compras a Chinandega, inicia su jornada diaria desde muy temprano para aprovechar a las personas que llegan muy de mañana a realizar sus compras, uno de sus sueños es poder poder crecer en su negocio, estableciendo una tienda formal y lograr que sus hijos puedan culminar una carrera para que sean todos unos profesionales, el objetivo de este financiamiento es para capital de trabajo y surtir su inventario en la compra de calzados, como:sandalias, chinelas, sandalias, tenes y lograr cubrir unos pedidos que sus clientes le ha solicitado, al crecer la magnitud de de su negocio puede comprar a mejores precios, surtir productos que no tenga en existencia y también como salen nuevos modelos de sandalias y ofertar nuevos productos a todos sus clientes.

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
  • 90
    View loans »
    Nicaragua Loans Fundraising
  • $24,384,075
    Funds lent in using Kiva
  • 26.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Margarita Del Socorro to buy diverse styles of sandals, shoes and slippers among others.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 3, 2014
Listed
Aug 10, 2014
Currency Exchange Loss:
Possible
Ended:
Apr 18, 2015