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Juan De La Cruz
Juan de la Cruz B. C. is 39 years old. The economic activity in which he is engaged is the sale of general merchandise. He’s been in this business for more than 5 years. The beginnings of the business came about through his life companion. She gave him the idea in order that they could both work together and, so, they did it. That’s why now they both go through different streets carrying bags into which they’ve loaded their merchandise to show to their customers.

In spite of the fact that his work is very exhausting he hasn’t given up dreaming that some day he will have a means of transport that will make it easier to deliver his products. The purpose of the financing is for working capital for the purchase of bags, footwear, and clothing. His wish is to establish a shop in order to exhibit his products.

View original language description ↓
Juan de la Cruz B. C. tiene 39 años. La actividad económica a la que se dedica es la venta de mercadería en general. Hace más de 5 años que se dedica a este negocio. Por lo que sus inicios se dan por su compañera de vida ya que ella le dio la idea para que ambos trabajaran juntos y así lo hicieron. Por lo que ahora ambos recorren las diferentes calles cargando los bolsos en donde trasladan la mercadería y mostrarlas a sus clientes. A pesar de que su trabajo es muy agotador no deja de soñar que algún día tendrá un medio de transporte para facilitar la entrega de sus productos. El destino del financiamiento es para capital de trabajo para la compra de bolsos, calzado y ropa en general. Su deseo es establecer una tienda para exhibir sus productos.

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
  • 73
    View loans »
    Nicaragua Loans Fundraising
  • $25,413,450
    Funds lent in using Kiva
  • 20.4
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Juan De La Cruz working capital.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Jul 31, 2009
Aug 14, 2009
Currency Exchange Loss:
Jun 15, 2010