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Cruz Donal
Cruz Donal is 55 years old, married, and has 5 adult children. He has been managing a bookstore for more than 8 years. He enjoys working and supporting his family. With much effort, Cruz started his business because he did not have stable job and needed to provide for his family’s daily needs.


He is currently requesting a loan to use as operating capital to buy copy paper, folders, scissors, pencils, erasers, and calculators. He hopes to expand his business so that he will be able to surpass the competition.

View original language description ↓
Cruz Donal tiene 55 años, el es un hombre casado y junto a su pareja tienen 5 hijos mayores de edad. Su actividad económica es una librería, hace más de 8 años que se dedica a este negocio, por lo que siempre le ha gustado trabajar y mantener a su familia. Su negocio inicio porque él no tenía un trabajo estable y necesitaba proporcionarle a su familia el alimento diario, por lo que empezó por esfuerzo propio. Actualmente el solicita el financiamiento para capital de trabajo que será utilizado para la compra de hojas blancas, folder, tijeras, lapiceros, borrador y calculadoras. Su deseo es ampliar su negocio lo suficiente para sobresalir más que la competencia.

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
  • 123
    View loans »
    Nicaragua Loans Fundraising
  • $24,036,450
    Funds lent in using Kiva
  • 20.6
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Cruz Donal operating capital to purchase copy paper, folders, scissors, pencils, erasers, and calculators.
100% repaid
Repayment Term
16 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 22, 2009
Listed
Oct 26, 2009
Currency Exchange Loss:
Possible
Ended:
Oct 16, 2010