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Javier Arnoldo
Javier has a 14 month old son. His business is a “moto taxi” (three wheeled motorized vehicle). He has had this business for two years. Thanks to his effort, he has been able to get his family ahead. He looked for the way to earn a living and support his family in a decent manner. He is very happy with this business, which is his principal source of income. He is always concerned about improving every aspect of his business.

The loan he is asking for is for working capital to make improvements on his moto taxi and to make repairs on certain things like tires, seats, and other things. His wish is to get ahead with this business.
View original language description ↓
Javier es padre de familia, tiene un hijo de 14 meses, el señor realiza una actividad comercial de servicio de moto taxi, tiene 2 años de trabajar en este negocio, gracias a su esfuerzo a podido salir adelante el y su familia, por lo que busca la manera de cómo ganarse la vida y mantener a su familia de una manera decente. El está muy contento con este negocio que es su principal fuente de ingresos ya que siempre se preocupa por mejorar cada en el servicio de su negocio. el financiamiento que solicita es para capital de trabajo como es proporcionarle mejoras a sus moto taxi, y reparar ciertas cosas como llantas, asientos entre otras cosas. Su deseo es seguir adelante con este negocio.

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
  • 134
    View loans »
    Nicaragua Loans Fundraising
  • $24,576,775
    Funds lent in using Kiva
  • 20.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Javier Arnoldo working capital.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 30, 2009
Listed
Dec 11, 2009
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2010