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Carlos Eduardo
Carlos Eduardo started a business once he received a loan. He started by buying a photocopier to offer a copy service. Little by little he bought products like pencils, notebooks and notepads, but this was not enough to satisfy his customers.

His greatest obstacle he faced was his age; he found it tiring going from place to place to source his products. This did not stop his business.

Carlos now lacks sufficient capital and is therefore seeking a loan to buy a variety of products. He hopes to expand his business to offer better service at a lower cost.
View original language description ↓
Carlos Eduardo comenzó su negocio cuando recibió los financiamientos fue así que comenzó a comprar una fotocopiadora para ofrecer el servicio de copias y poco a poco empezó a comprar productos como lápices, cuadernos, hojas de block pero esto no era suficiente para satisfacer la demanda de sus clientes. El mayor desafío que enfrento fue su edad ya que tenía que recurrir a diferentes lugares para la compra de sus productos lo que le ocasionaba cansancio esto no lo detuvo con su negocio en este momento Carlos no posee el capital suficiente es así que solicita un financiamiento para comprar una variedad de productos. El desea establecer un negocio mucho más grande para brindar un mejor servicio a menor costo.

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
  • 126
    View loans »
    Nicaragua Loans Fundraising
  • $24,597,675
    Funds lent in using Kiva
  • 20.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Carlos Eduardo working capital.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 14, 2009
Listed
Dec 21, 2009
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2011