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Mario Antonio
Antonio M. Sáenz is 54. He has a carpentry shop. He has been in this business for over 33 years. He started this business when he was very young. He had a family that needed income. Mario has always been a very responsible man. He has enjoyed earning money in a decent way by working hard.

He is asking for a loan for working capital to buy raw materials like wood, a drill bit, brushes, screwdriver, set squares, and hammers, among other things.

His dream is to keep this business to keep providing his family with their daily bread.
View original language description ↓
Mario Antonio M. Sáenz tiene 54 años. Tiene la actividad económica de taller de carpintería. Hace más de 33 años que se dedica este negocio. Mario dio inicio desde muy joven a esta actividad. Por lo que tenía una familia que necesitaba de ingresos. Mario siempre ha sido un hombre muy responsable, y le ha gustado ganarse el dinero de una manera muy decente y trabajadora. El financiamiento solicitado es para capital de trabajo para la compra de materia prima como madera, broca, cepillos, destornillador, escuadras y martillos entre otras cosas. El sueño es mantener esta actividad económica para seguirle proporcionando a su familia el pan de cada dia.

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
  • 124
    View loans »
    Nicaragua Loans Fundraising
  • $24,547,700
    Funds lent in using Kiva
  • 20.4
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Mario Antonio working capital.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 23, 2009
Listed
Aug 3, 2009
Currency Exchange Loss:
Possible
Ended:
Aug 16, 2010