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Yitza Margarita
Yitza Margarita is 60 years old and it is not the first time she has been financed by Fundacion Leon; she has proven to be a good client. She sells general merchandise and it has been great to support her family. Yitza considers herself as a very responsible person and enjoys the interaction she has with customers that come to her for different products. She will use this loan to purchae raw materials such as; bed sheets, shoes, intimate clothing, general clothing, cosmetics, and other things. She knows that it if more favorable for her if she purchases in bulk, this way she pays less for products. She dreams of keeping her business active and securing her daily bread.
View original language description ↓
Yitza Margarita tiene 60 años no es la primera vez que tiene financiamientos con Fundación, pues ha demostrado ser una muy buena cliente. Ella se dedica a la venta de mercadería en general, pues ha sido un gran apoyo para mantener a su familia. Yitza se caracteriza por ser una persona muy responsable y disfruta de interactuar con sus clientes que le solicitan diferentes productos pues ella solicita este financiamiento para la compra de materia prima como sabanas, calzado, ropa interior y ropa en general, cosméticos y otras cosas. Ella sabe que si compra al mayor le resulta mucho más favorable pues así paga menos por los productos que compre. Ella sueña con mantener su negocio activo y asegurar el pan de cada día.

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
  • 49
    View loans »
    Nicaragua Loans Fundraising
  • $26,293,200
    Funds lent in using Kiva
  • 21.6
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Yitza Margarita working capital.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Oct 11, 2010
Oct 23, 2010
Currency Exchange Loss:
Nov 18, 2011