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Marlene  Lecahdo
Marlene Lechado A. is 47-years old and is married with two children. Both her children are currently studying. Marlene’s trade of choice is to sell various products such as: veta cheese, beverages, candy and other things.


She has dedicated more than 5-years to this business and is in need to obtain more income. Marlene wishes to improve on the quality of her cheese to ensure that her customers are satisfied. Funding is for working capital to purchase candy and beverages. Marlene’s desires are to own her own home where she can live with her in-laws. She requests a loan of C$19.000 cordobas which will be repaid in 14-months.

View original language description ↓

Marlene Lechado A. tiene 47 años, su estado civil es casada, Doña Marlene tiene 2 hijos. Todos sus hijos estudian. La actividad económica de Doña Marlene es la venta de productos varios como veta de queso, gaseosa, golosinas y otros. Hace más de 5 años que se dedica a este negocio y se da por la necesidad de obtener una fuente de ingresos. Sus propósitos son de mejorar la calidad del queso para que sus clientes se encuentren satisfechos. El financiamiento es para capital de trabajo para comprar golosinas y gaseosas. Los deseos de Doña Marlene son de poseer una casa propia ya que actualmente donde reside es en la vivienda de sus suegros. La cantidad que necesita es de C$ 19.000 córdobas a un plazo de 14 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

  • $3,636
    Average annual income
  • 174
    View loans »
    Nicaragua Loans Fundraising
  • $23,211,000
    Funds lent in using Kiva
  • 20.2
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $950 helped Marlene Lecahdo working capital for supplies and food refinement.
100% repaid
Repayment Term
16 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 17, 2009
Listed
Mar 5, 2009
Currency Exchange Loss:
Covered
Ended:
May 15, 2010