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Carlos Martin
Carlos Martín G. P. owns the home where he lives with his wife, María, and their four children. Carlos rents a mill located in his house. He opened the business on his own and has operated it for the past 6 years. He has put a lot of effort in the business and he and his family have been able to get ahead on the income it generates. He is a well-rounded individual who has been involved in other activities as well. He will use the loan to finance maintenance for the mill and to buy tools for it. Carlos has been ill. His most important goal now is to get better and help his wife take care of the children so that they can grow up to be professionals.
View original language description ↓
Carlos Martin G. P. vive en casa propia, con su esposa María y sus 4 hijos. Carlos brinda los servicios de alquiler de molino. Hace más de 6 años que se dedica a este negocio, el inicio por cuenta propia, en estos momentos Carlos se encuentra enfermo, la ubicación de su negocio es en su vivienda. Por lo que con mucho esfuerzo ha logrado salir adelante con su familia, ya que estos son los ingresos que mantienen a su familia. Es un hombre que ha tenido muy buenas experiencias ya que solamente no se ha dedicado a esta actividad. Es por ese motivo que solicita este financiamiento para capital de trabajo para la proporcionarle el mantenimiento necesario a su molino y comprarle las herramientas necesarias. Su mayor deseo es de recuperarse para ayudar a su esposa con el cuido de sus hijos y que sus hijos sean profesionales.

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
  • 129
    View loans »
    Nicaragua Loans Fundraising
  • $24,575,325
    Funds lent in using Kiva
  • 20.4
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $950 helped Carlos Martin working capital.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 15, 2009
Listed
Jul 24, 2009
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2010