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Norlan Yuran
Young Nolan Yuran O. C. is 25 years old. He sells clothing. More than five years ago he began this business. Despite his young age, he is a very dedicated and industrious worker. He started his business with very little capital, so he decided to visit various locations to offer his wares. But Nolan faced challenges because he did not have the opportunity to study. He lives with and takes care of his sick mother, which requires him to close his store sometimes so that he can care for his mother. The loan he is requesting is for business capital to purchase basic snacks, bread, basic grains, natural drinks and juices.
View original language description ↓
El joven Nolan Yuran O. C. tiene 25 años de edad. El se dedica a la venta de ropa. Hace más de 5 años que se dedica a este negocio. A pesar de su corta edad es un joven muy emprendedor y trabajador. El capital con que inicio fue con muy poco dinero, y decide recorrer muchos lugares para ofrecer sus productos. Pero Nolan enfrento dificultades porque no tuvo la oportunidad de estudiar, además el vive con su Mama y se enfermo y es Nolan quien la cuidaba, por lo que algunas veces tenía que cerrar su pulpería para atender su Mama. El financiamiento que solicita es para capital de trabajo para la compra de golosinas en general, pan, granos básicos, refrescos naturales y jugos.

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
  • 98
    View loans »
    Nicaragua Loans Fundraising
  • $24,384,275
    Funds lent in using Kiva
  • 20.4
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Norlan Yuran business Capital.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 27, 2009
Listed
Aug 5, 2009
Currency Exchange Loss:
Possible
Ended:
Oct 16, 2010