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Maria De La Concepcion
Maria de la Concepcion M. is 43-years old and married with 3-children. All her children are working. La actividad economica de Dona Maria is a store. Maria has dedicated herself to the business for more than 10 years now. It started with very little capital and it’s through funding that she’s been able to improve her business.


The requirements for Maria are to maintain her business actively as it is a unique form of income. The funding is for working capital to buy basic grains, chicken, meat, cheese and beverages so as to not lose clientele. Maria’s dream is to convert her little business into a distributor that offers all the necessities. The loan is for C$13.000 cordobas which will be repaid in 18 months.

View original language description ↓

María de la Concepción M. tiene 43 años, su estado civil es casada, tiene 3 hijos. Todos sus hijos trabajan. La actividad económica de Doña María es una pulpería. Hace más de 10 años que Doña María se dedica a su negocio. Y dio inicio con muy poco capital, y es por medio de los financiamientos que ha podido mejorar su negocio. Los propósitos de Doña María son de mantener su negocio activo ya que esta es su única fuente de ingresos. El financiamiento es para capital de trabajo para la compra de granos básicos, pollo, carne, queso y gaseosa y así no perdería su clientela. Doña María sueña en convertir su pequeño negocio en una distribuidora que ofrezca lo necesario. La cantidad solicitada es de C$ 13.000 córdobas a un plazo de 18 meses.

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
  • 134
    View loans »
    Nicaragua Loans Fundraising
  • $24,576,775
    Funds lent in using Kiva
  • 20.2
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Maria De La Concepcion working capital for store needs.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 23, 2009
Listed
Mar 5, 2009
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2009