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Ernesto Alejandro
The young Ernesto Alejandro B. has a beauty salon located in his humble home. Ernesto is 23 years old. He has been providing salon services for more than four years. In spite of his young age, he has been successful, because he had to take care of his family's expenses. The only way he could do that was to provide beauty services, so that he could succeed with few resources.


He is requesting a loan to buy more materials. For his business, he is in charge of styling hair, straightening, dyeing, and everything else related to beauty. His greatest dream is to set up his business to obtain more customers.

View original language description ↓
El joven Ernesto Alejandro B. tiene la actividad económica de un salón de belleza ubicado en su humilde vivienda. Ernesto tiene 23 años de edad. Hace más de 4 años que se dedica brindar el servicio de salón de belleza. A pesar de la corta edad que tiene ha salido adelante, ya que tenia que hacerse cargo de los gastos de su familia. La única manera que podía lograrlo era dedicándose a brindar el servicio de belleza y así salir adelante debido a sus escasos recursos. Esta solicitando un financiamiento para la compra de materiales, para el negocio es necesario mencionar que el joven es el encargado de hacer peinados, pistoleados, tintes y todo lo relacionado con la belleza. Su mayor sueño es acondicionar su negocio para que obtener mas 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

  • $4,800
    Average annual income
  • 97
    View loans »
    Nicaragua Loans Fundraising
  • $24,800,300
    Funds lent in using Kiva
  • 20.4
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Ernesto Alejandro working capital.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 16, 2009
Listed
Aug 3, 2009
Currency Exchange Loss:
Possible
Ended:
May 6, 2010