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Orlando Antonio
Orlando Antonio E. is married and has two children who attend a public secondary school because he doesn’t have sufficient income to keep them in a private school. His business is a small convenience store located in his home. Previously, he worked in different places in his district in order to offer his products on an itinerant basis. In this fashion he was able to gather many customers. Currently, he is very well–established in his in-home shop, although it wasn’t easy confronting all the difficulties that he had to go through.


Now, he is applying for financing that will be used for working capital for the purchase of basic grains, juices, bread, sweets, eggs, and soft drinks. Orlando dreams of increasing his business so that this will assure the future of his 2 children.

View original language description ↓
Orlando Antonio E. está casado y tiene 2 hijos que asisten a un colegio público, ya que no tiene los suficientes ingresos para mantenerlos en un privado. Su actividad económica es una pulpería, que está ubicada en su vivienda. Anteriormente él viajaba a diferentes lugares en su comarca para ofrecer sus productos por lo que andaba ambulante, fue así de esta manera que pudo conseguir muchos clientes. Actualmente el se encuentra muy bien establecido en su vivienda, aunque no fue fácil enfrentar todas las dificultades por lo la que tuvo que atravesar. Ahora está solicitando un financiamiento que será utilizado para capital de trabajo para la compra de granos básicos, jugos, pan, dulces, huevos y gaseosas. Orlando tiene el sueño de incrementar su negocio para que el día de mañana esto le asegure el futuro a sus 2 hijos.

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
  • 142
    View loans »
    Nicaragua Loans Fundraising
  • $24,094,725
    Funds lent in using Kiva
  • 20.6
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,075 helped Orlando Antonio working capital.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 7, 2009
Listed
Oct 13, 2009
Currency Exchange Loss:
Possible
Ended:
Mar 24, 2011