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Carmen Maria
Carmen María S. C. is 45-years-old, married and doesn’t have any children. She has been selling a variety of merchandise for over 8 years. She started her business with her own capital at the suggestion of a friend who said it would be a good source of income. She turned to Fundación León 2000 for funding and her business took off.


Carmen plans to continue managing her business effectively. Since the summer season is approaching and customers will demand a variety of products, she will use this loan as working capital to invest in the purchase of new merchandise. Her dream is to travel abroad to learn about other countries. She is asking for a loan in the amount of 7000 córdobas.

View original language description ↓
Carmen María S. C. tiene 45 años de edad, su estado civil es casada. Doña Carmen no tiene hijos. La actividad económica de Doña Carmen es la venta de mercadería en general. Hace más de ocho años que se dedica este negocio y dio inicio con capital propio por medio de una amiga que le dijo que esta era una buena fuente de ingreso y recurre a Fundación León 2000 para solicitar financiamiento y así comienza con su negocio. Los propósitos de Doña Carmen son de seguir administrando su negocio de una buena forma. El financiamiento es para capital de trabajo por lo que necesita invertir en la compra de nuevos productos ya que se acerca la temporada de verano y sus clientes solicitan variedad de productos. Sus deseos son de viajar ala exterior para conocer otros países. La cantidad que solicita es de C$ 7.000 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

  • $4,800
    Average annual income
  • 133
    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 $350 helped Carmen Maria working capital.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Mar 6, 2009
Listed
Mar 21, 2009
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2009