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Luz Marina
Mrs. Luz Marina has been selling clothing, cosmetics, jewelry, and perfume for seven years. This is not the first time that she has taken out a loan. Luz Marina began her business when her partner left her, and she had to find a way to support herself. It has not been easy, but having the necessary help and her good business management skills are the keys to her success. This loan is for the purchase of perfume, creams, cosmetic treatments, and lip pencils, among other things.
View original language description ↓
La señora Luz Marina ha vendido ropa, cosméticos, joyería y perfumes desde hace 7 años, esta no es la primera vez que realiza financiamientos. Luz Marina comenzó su negocio cuando su pareja la dejó y ella tuvo que encontrar una manera de mantenerse, pues no ha sido fácil pero con la ayuda necesaria y con la buena administración que aplica a su actividad son la clave para su éxito. Este financiamiento es para la compra de perfumes, cremas, tratamientos, lápiz labial entre otras cosas.

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
  • 63
    View loans »
    Nicaragua Loans Fundraising
  • $26,432,925
    Funds lent in using Kiva
  • 21.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Luz Marina work capital.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Aug 31, 2010
Sep 2, 2010
Currency Exchange Loss:
Jul 15, 2011