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Maria Auxiliadora
Ms. Maria Auxiliadora R. Santamaría is 39 years old, single, and has two children that are currently in school. She has the desire to improve her business. Ms. Maria sells general merchandise. More than seven years ago, she started working in this business because she had to start working from a very young age. The location of her business is ambulatory and for this reason she loads up her products every day to offer for sale to her clients. The purpose of this loan is to improve Maria’s sales which have declined. The financing sought by Maria is for working capital which will be invested in products such as undergarments, shirts, pants and skirts. Maria’s desire is to obtain her own store where she can more comfortably offer her products. The amount requested is 7,000 córdobas.
View original language description ↓
La Señora María Auxiliadora R. Santamaría tiene 39 años, su estado civil es soltera. Doña María tiene 2 hijos y todos estudian. Tiene todo el empeño de salir adelante con su negocio. La actividad económica de Doña María es la venta de mercadería en general. Hace más de 7 años que se dedica a este negocio, por lo que tuvo que trabajar desde que era muy joven. La ubicación de su negocio es de forma ambulante por lo que todos los días carga sus productos para ofrecerlos a sus clientes. Los propósitos de María para su negocio aumentar sus ventas ya que han disminuido. El financiamiento que solicita María es para capital de trabajo y este será invertido en productos como ropa interior, camisas, pantalones y faldas. El deseo de María es obtener su propia tienda para ofrecer cómodamente sus productos. 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

  • $3,636
    Average annual income
  • 171
    View loans »
    Nicaragua Loans Fundraising
  • $23,210,200
    Funds lent in using Kiva
  • 20.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Maria Auxiliadora working capital.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 26, 2009
Listed
Mar 31, 2009
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2009