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Gladys Marlene
Gladys Marlene is a 53-year-old single mother of one adult child. Gladys has owned a small convenience store for the last four years. She would like to use the proceeds of the loan to purchase a greater variety of products like cleaning supplies, soap, candy, soda, bread and basic grains for her business. Gladys’ main is to continue to grow her business and she is very appreciative of the opportunity to become a borrower.

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
  • 54
    View loans »
    Nicaragua Loans Fundraising
  • $26,258,500
    Funds lent in using Kiva
  • 22.4
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Gladys Marlene to buy cleaning supplies, soap, candy, sodas, bread and basic grains for her business.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Jun 23, 2011
Jul 5, 2011
Currency Exchange Loss:
Aug 16, 2012