Check out some available loans that are similar to this one!
Vicente Ramón
Vicente Ramón Vázquez M. is 40 years old and lives with his wife and two children. He's a father who's always worrying about how to support his family. He has a grocery store and he's been in this business for more than nine years. His economic difficulties have gotten in the way of him being able to build up his business. As time goes by the profits he obtains are used to stock up his grocery store which is located inside the municipal market. Working with Fundación León 2000 has been very helpful. He is requesting this loan in order to buy more products and satisfy the needs of his customers. He would like to establish another business for his wife to run.
View original language description ↓
Vicente Ramón Vázquez M. tiene 40 años de edad y vive con su esposa y sus 2 hijos. Es un padre de familia que se preocupa por sostener a su familia. La actividad a la que se dedica es una pulpería. Desde hace mas de 9 años que se dedica a este negocio. Sus dificultades económicas impedían que pudiera surtir el negocio, con el transcurso del tiempo las ganancias obtenía ha surtido su pulpería, la ubicación de su negocio esta dentro del mercado municipal. Trabajar con Fundación León 2000 ha sido de mucha ayuda. Solicita este financiamiento para comprar más productos y satisfacer las necesidades de sus clientes. Sus deseos son de establecer otro negocio para que su esposa se haga cargo.

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
  • 125
    View loans »
    Nicaragua Loans Fundraising
  • $24,553,900
    Funds lent in using Kiva
  • 19.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,175 helped Vicente Ramón for working capital.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 20, 2009
Listed
May 31, 2009
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2010