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Alfonso Vanegas

Alfonso Vanegas Munoz is 50 years old. He is married with three children who still depend on him. He earns a living as a mechanic, work he has been doing for more than 30 years. Alfonso needs to work long hours, from early morning until late at night just to put food on the table for his family. Sometimes his children help him in the shop when they are not at school. He is a very responsible person and a good client of the communal bank. He will use the loan he is requesting to purchase spare parts. His dream is for his children to be able to complete their education.

View original language description ↓
Alfonso Vanegas M. tiene la edad de 50 años. Es un hombre casado. Tiene 3 hijos a su cargo. Su actividad económica es ofrecer los servicios de mecánico. Hace más de 30 años que se dedica a este negocio. Alfonso tiene que trabajar desde muy temprano, hasta por la noche por que solamente así puede ofrecerle a su familia el pan de cada día. En algunas ocasiones sus hijos le ayudan en el taller, por lo que ellos estudian. Alfonso es una persona muy responsable y es un buen cliente. El financiamiento que solicita es para capital de trabajo para la compra de repuestos de vehículos. Su mayor sueño es que sus hijos logren finalizar sus estudios.

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
  • 69
    View loans »
    Nicaragua Loans Fundraising
  • $25,075,600
    Funds lent in using Kiva
  • 19.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Alfonso Vanegas to purchase spare parts for his auto repair shop.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Jul 3, 2009
Jul 10, 2009
Currency Exchange Loss:
Jun 15, 2010