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Samuel Antonio
Samuel Antonio Martiniz is 47. He has two children who attend school.

His business is renting out Nintendo (video game). He has had this business for over five years. He started with only one television and one video game. But, he was investing his earnings in another television. Also, with help from loans, he was able to get together the money he needed to buy more equipment.

In the Fundación León 2000 he found the opportunity to make his business grow. Through the Fundación he gets help from the partner organizations. The loan is to buy equipment because the video games are now more modern.

Samuel’s dream is to keep improving his home so that his children have a suitable place to live.
View original language description ↓
Samuel Antonio Martínez tiene 47 años, tiene 2 hijos que asisten a una escuela. La actividad económica de Samuel es brindar el servicio de Nintendo. Hace más de 5 años que se dedica a este negocio. Inicio con solamente con 1 televisor y un video juego, pero con las ganancias obtenidas fue invirtiendo en la compra de otro televisor, además con la ayuda de los financiamientos logro reunir el dinero que le hacia falta para la compra de mas equipos. En Fundación León 2000 encontró la oportunidad de crecer en su negocio ya que por medio de Fundación obtiene la ayuda de las organizaciones amigas. Por lo que el dinero lo solicita para la compra de equipos ya que los modelos de los videos juegos son más modernos. Los sueños de Samuel son de seguir mejorando su vivienda para que sus hijos tengan un lugar adecuado para vivir.

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
  • 102
    View loans »
    Nicaragua Loans Fundraising
  • $24,739,175
    Funds lent in using Kiva
  • 19.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Samuel Antonio working capital.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 20, 2009
Listed
May 31, 2009
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2010