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Margarita Gloria
Mrs. Margarita Gloria Rubí is 57 years old and is single. Mrs. Margarita has 3 children. The oldest is 34 years old, her other son is 30 years old and her other daughter is 28 years old. None of her children depend on her; all of them work for themselves. She wants to keep her business stable since, at present, the situation that the country is going through makes it more difficult to find a job. Her goals are to make improvements on her home, which is very important. She also wants to paint her house so that she can keep it beautiful and it can last for a long time.



She sells tiste (a corn and cocoa drink) and beans. She has owned this business for 5 years. The business is located in her house. She decided to start a small grocery store on her own, but didn’t have many clients. From that business, however, she gained the possibility to establish another business, where she would sell beans and tiste. In this way, she earned many clients; both products supplied her with income for her family. As a result, she is requesting this loan for capital for her business. The capital will be used to buy products like corn, cinnamon, and cocoa to make her products in the market since she achieves more favorable results there and at wholesale.

View original language description ↓
La Señora de nombre Margarita Gloria Rubí tiene la edad de 57 años, su estado civil es soltera Doña Margarita tiene 3 hijos de los cuales tienen la edad de 34 años el mayor, su otro hijo tiene la edad de 30 años y su otra hija de 28 años ninguno de sus hijos dependen de ella todos trabajan por cuenta propia, sus deseos para su negocio son mantenerlo estable ya que no en el actualmente la situación que el país atraviesa actualmente se hace mas difícil de obtener un trabajo, sus propósitos son de proporcionarle mejoras a su vivienda ya que es lo mas importante además desea pintarla para que esta pueda conservarse bonita y le dure mucho tiempo.


Su actividad económica es la venta de tiste y frijoles el tiempo que tiene de poseer su negocio es de 5 años, la ubicación del negocio es en su casa de habitación, sus inicios se dan por cuenta propia y decide establecer un negocio de una pulpería la que no obtuvo mucha afluencia de clientes pero lo que poco que consigue de este negocio le da la posibilidad de establecer otro negocio que seria la venta de frijoles y la venta de tiste y así obtiene la afluencia de clientes ya que ambos productos le proporcionan ingresos para su familia, es por eso el motivo de su financiamiento para capital de trabajo que será destinado para compra de productos como maíz, canela y cacao para realizarlas en el mercado la estación ya que le resulta mas favorable realizar aquí y al por mayor.

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

  • $4,800
    Average annual income
  • 127
    View loans »
    Nicaragua Loans Fundraising
  • $24,535,925
    Funds lent in using Kiva
  • 19.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $225 helped Margarita Gloria capital for her business.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 18, 2008
Listed
Dec 22, 2008
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2009