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Mercidia, 60, sells new clothes. What affects her is not having enough working capital to invest more. One of her greatest challenges has been her illness which often keeps her from being able to go out to sell. She doesn’t have much competition in her business because she’s a street vendor. She wants to continue to grow in business and with help from the loan she’ll continue to invest in it. The loan is to buy pants, shirts, skirts, t-shirts, outfits for boys and girls and dress clothes.
View original language description ↓
La señora Mercidia tiene 60 años. Su negocio es la venta de ropa nueva. Lo que la afecta es que no tiene mucho capital de trabajo para invertir más. Uno de sus mayores desafíos ha sido su enfermedad que muchas veces no le permite salir a ofrecer sus productos. En su negocio no tiene mucha competencia ya que las ventas se hacen de forma ambulante. Desea continuar creciendo en su negocio y con la ayuda de financiamiento continuara invirtiendo. El financiamiento es para la compra de pantalones camisas, faldas, camisetas, trajes para niños y niñas y ropa de vestir.

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
  • 41
    View loans »
    Nicaragua Loans Fundraising
  • $26,366,175
    Funds lent in using Kiva
  • 22.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Mercidia to buy clothes.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Jul 27, 2011
Aug 8, 2011
Currency Exchange Loss:
Apr 15, 2012