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Felix Angel
47-year-old Ángel Félix has 4 children, 3 of whom are dependents. He makes a living selling cattle. He only sells to reliable customers and this is not Ángel’s first loan request since he is always looking to invest in the business.

He started this business over 8 years ago out of a necessity to support his family. The loan will be used to buy cattle since he already has several orders lined up. His dream has always been to expand the business and buy fixed assets in the future that would allow him to develop higher quality work.
View original language description ↓
El señor Ángel Félix actualmente tiene 4 hijos los cuales solamente 3 están a su cargo. Tiene 47 años, El Señor posee la actividad económica de venta de ganado el realiza sus ventas a clientes muy responsables y además no es la primera vez que Ángel solicita financiamiento puesto que el siempre aprovecha para invertirlo en su negocio, inicio su actividad hace mas de 8 años, el cual surgió como una necesidad para sustentar a su familia. El crédito será invertido en la compra de ganado, ya que actualmente posee una buena cantidad de pedidos. Su sueño siempre ha sido ampliar el negocio y comprar activos fijos en el futuro que le permitan desarrollar un trabajo de mayor calidad.

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
  • 130
    View loans »
    Nicaragua Loans Fundraising
  • $24,054,525
    Funds lent in using Kiva
  • 20.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Felix Angel working capital.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 26, 2009
Listed
Dec 6, 2009
Currency Exchange Loss:
Possible
Ended:
Nov 18, 2010