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Juana Mercedes
Juana Mercedes M. is 59 years old and married. Juana has two children who work and study. She has run a general store for more than five years. She offers products like basic grains, cosmetics, clothes, vegetables, bread, and other everyday consumer goods. The business has been open for several years and has gradually expanded during this time, satisfying its customers' demands. Juana plans to increase her inventory to keep up her business and thus meet the demands of her customers. The funding will go to working capital, as she needs to buy consumer goods. Her dream is that her children will be able to run the business and take care of themselves in the future. The loan she seeks is for 10,000 córdobas.
View original language description ↓
Juana Mercedes M. tiene 59 años, su estado civil es casada. Doña Juana tiene 2 hijos trabajan y estudian. La actividad económica de Doña Juana es una pulpería. Hace más de 5 años que se dedica a esta actividad económica en su pulpería ofrece los productos como granos básicos, cosméticos, ropa, verduras y pan y otros productos de consumo diario, el negocio tiene varios años de existir y durante este tiempo ha incrementado su negocio gradualmente satisfaciendo la demanda de su cliente. Los propósitos de Doña Juana son de aumentar su inventario para mantener su negocio y así satisfacer la demanda de sus clientes. El financiamiento es destinado para capital de trabajo ya que necesita comprar artículos y productos de consumo diario. Sus deseos son que sus hijos puedan administrar el negocio y puedan defenderse para el día de mañana. La cantidad que solicita es de C$ 10.000 córdobas.

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
  • 89
    View loans »
    Nicaragua Loans Fundraising
  • $24,396,400
    Funds lent in using Kiva
  • 20.2
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Juana Mercedes working capital.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 6, 2009
Listed
Mar 14, 2009
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2009