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Jose Salomon
José Salomón is 40 years old. His economic activity is to offer tailoring services, because for more than 25 years he has been dedicated to this business because it is an income source necessary to move forward. This isn't the first loan that he has obtained from Fundación Leon 2000 because the loans have been a good help for his business. He is a very responsible man and enjoys his job a lot. The financing that Jose is requesting is for working capital that will be used for buying fabric, scissors, thread and other inputs. His wish is to continue his business and that his children will get ahead.
View original language description ↓
José Salomón tiene la edad la edad de 40 años, su actividad económica es ofrecer los servicios de sastrería, por lo que tiene más de 25 años que se dedica a este negocio, por lo que es una fuente ingresos necesaria para salir adelante. Este no es el primer préstamo que se le ha otorgado a Fundación León 2000, porque le han sido de buena ayuda para su negocio, el es un hombre muy responsable y disfruta mucho su trabajo. El financiamiento que José está solicitando es para capital de trabajo que será destinado para la compra de tela, tijeras, hilos, y otros insumos. Su deseo es seguir con su negocio y que sus hijos salgan adelante.

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
  • 172
    View loans »
    Nicaragua Loans Fundraising
  • $23,230,250
    Funds lent in using Kiva
  • 20.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,150 helped Jose Salomon working capital.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 16, 2009
Listed
Nov 25, 2009
Currency Exchange Loss:
Possible
Ended:
Mar 24, 2011