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Douglas Ernesto
Douglas Ernesto Gutiérrez M., 45, is married and has three minor children.

He sells used clothing and shoes from his home. Douglas started the business ten years ago. Before he started the business in his house, he traveled to Río San Juan to distribute his products as a street vendor. Also, he had people there that he knew. He would leave the products with them and return in 15 days after they had sold the merchandise. But, this made him very tired. Little by little he was establishing himself, and he was able to set up the business in his house. That is where it currently is.

The loan is to buy various clothing and footwear, which he plans to sell from his home. He has a well established client base.

His dream is to establish another store in the market, which can lead to greater income than he currently has.
View original language description ↓
El señor Douglas Ernesto Gutiérrez M., el tiene 45 años de edad, es casado y tiene tres hijos menores de edad. El se dedica a la venta de ropa usada y calzado, los cuales distribuye en su casa de habitación. Douglas dio inicio a su negocio hace 10 años, cabe señalarse que antes de poner el negocio en su casa el viajaba al Río San Juan a distribuir sus productos de forma ambulante, además que allá tenia personas conocidas, a los cuales el les entregaba sus productos para luego regresar a los 15 días que ya habían vendido la mercancía. Pero esto le resultaba muy cansado y poco a poco fue estableciéndose hasta que logro poner el negocio en su casa, que es donde está actualmente establecido. El crédito será invertido en la compra de ropa variada y calzado las cuales piensa distribuir desde su casa de habitación, ya que posee una buena clientela establecida. Su sueño es llegar a establecer otra tienda en el mercado, en el cual sus ingresos puedan ser mayores que los que posee actualmente

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
  • 70
    View loans »
    Nicaragua Loans Fundraising
  • $25,073,675
    Funds lent in using Kiva
  • 20.6
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Douglas Ernesto working capital.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Sep 23, 2009
Sep 30, 2009
Currency Exchange Loss:
Sep 15, 2010