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Carlos Emilio
Carlos Emilio R. Cadenas is 29 years old. He is the single father of one school-age son. Carlos runs a car wash. He used to work washing vans, spending many hours enduring the sun and the heat. These conditions did not dampen Carlos' enthusiasm, and later on he lost his job due to a change in administration. He then decided to start his own business in his home. He started off with few clients but now has many thanks to his good service. Carlos' goal is that his business improves enough to fully serve his customers.

This loan will contribute to the purchase of a vacuum, towels, and barrels for storing water.
View original language description ↓
El Joven Carlos Emilio R. Cadenas tiene 29 años de edad. Es un hombre soltero. Tiene 1 hijo a su cargo y estudia. La actividad económica de Carlos es brindar el servicio de auto lavado. Primeramente Carlos se dedicaba a lavar furgones, en lo que trabajo por mucho tiempo aquí tenía que aguantar sol y el inmenso calor estas condiciones no hicieron que Carlos perdiera su entusiasmo, por lo que más tarde debido a un cambio en la administración de su lugar de trabajo fue entonces que se quedo sin trabajo, por lo que decidió establecer su propio negocio en su vivienda al inicio no tenia muchos clientes pero por el buen servicio de Carlos tiene muchos clientes. El financiamiento que solicita es para capital de trabajo para la compra de aspiradora, barriles para almacenar agua y toallas. El sueño de Carlos es que su negocio obtenga las mejoras necesarias para atender a sus clientes.

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

  • $3,636
    Average annual income
  • 115
    View loans »
    Nicaragua Loans Fundraising
  • $23,803,650
    Funds lent in using Kiva
  • 19.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Carlos Emilio purchase of necessary supplies for his car wash business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 17, 2009
Listed
Jun 23, 2009
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2009