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Sofia Mercedes
Sofia Mercedes is 58 years old and she has a chair rental business. She has had this business for more than 9 years. She lives a house that is her own and the majority of her clients know the type of service that she provides. She is very happy with her business. She works every day from 7 in the morning until 9 at night. She has rental contracts for all types of events, such as graduations, funerals, piñata parties, weddings, and others. She dreams of improving her earnings every day to have a better quality of life. This loan will be used to purchase a large number of plastic chairs.
View original language description ↓
Sofía Mercedes tiene 58 años, su negocio es alquiler de sillas. Hace más de 9 años que tiene ese medio de vida. Ella vive en casa propia en donde la mayoría de sus clientes ya conocen la atención que brinda, pues se siente muy contenta con este medio de vida. Trabaja todos los días desde las 7 de la mañana hasta las 9 de la noche, pues llegan a realiza el alquiler para diferentes eventos como graduación, velas, piñatas, bodas entre otros. Sueña con mejorar sus ingresos cada día más y brindar un mejor medio de vida. Este financiamiento es para la compra de una mayor cantidad de sillas plásticas.

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
  • 56
    View loans »
    Nicaragua Loans Fundraising
  • $26,430,500
    Funds lent in using Kiva
  • 22.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Sofia Mercedes to purchase a large number of plastic chairs.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Mar 24, 2011
Mar 28, 2011
Currency Exchange Loss:
Apr 24, 2012