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Carlos Alberto
Mr. Carlos Alberto R. is 43 years old, is married, and has three children, of whom one is an adult and the others are young. Mr. R. offers transportation services. Carlos R. started his business 6 years ago, during which time he, with the help of his sister, was able to buy his first minibus. He started to save and then bought the necessary items to upgrade it. The loan will be invested in the purchase of spare parts for his minibus. He will buy wheels and a battery to have his vehicle function better. His main goal is to continue growing his transportation business by purchasing more service units, which will provide a future for his family in general.
View original language description ↓
El señor Carlos Alberto R. tiene 43 años de edad, es casado y tiene tres hijos de los cuales uno es mayor y los demás son menores de edad. El señor R. se dedica a ofrecer el servicio de transporte. Don Carlos R. dio inicio a su negocio hace 6 años, tiempo en el cual por ayuda de una hermana logró comprar su primer microbús con el cual empezó a ahorrar y comprar lo necesario para acondicionarlo. El crédito será invertido en la compra de repuestos para su microbus, el cual le comprará llantas y batería para un mejor funcionamiento del mismo. Su meta principal es seguir creciendo en la empresa de transporte, mediante la compra de más unidades de servicio, que provea un futuro para su familia en general.

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
  • 152
    View loans »
    Nicaragua Loans Fundraising
  • $23,167,375
    Funds lent in using Kiva
  • 20.4
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Carlos Alberto capital for his business.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 31, 2009
Listed
Aug 6, 2009
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2010