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Gladys Maria
Gladys Maria works selling general merchandise. She has had this business for more than eight years, and it has been difficult to maintain. Her objective is to invest the credit directly into the business, which emerged as an alternative job for her and her family. She also has to maintain the two children in her care. The loan is to buy things like sheets, skirts, dresses, suits, and shoes. She dreams of augmenting her merchandise to obtain a greater variety of customers. She has always been very responsible with her payments, as this is not her first time applying for loans and they are necessary to meet her customers' needs.
View original language description ↓
La señora Gladys Maria se dedica a la venta de mercadería en general. Hace más de 8 años que tiene este negocio, por lo que ha sido muy difícil mantener este negocio. El objetivo de ella es invertir el crédito directamente en el negocio, sus inicios se dan por ya que surgió como una alternativa de trabajo para ella y su familia ya que además tiene que mantener a sus 2 hijos que están a cargo. El motivo del financiamiento es para la compra de materia como sabanas, faldas, vestidos, trajes y calzado. Sueña con aumentar su mercadería para obtener una gran variedad de clientes. Ella siempre ha sido muy responsable con sus cuotas de pagos pues no es la primera vez que realiza financiamientos y esta pendiente de lo que sus clientes le solicitan.

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
  • 21.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Gladys Maria working capital.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Oct 21, 2010
Nov 3, 2010
Currency Exchange Loss:
Sep 15, 2011