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Juan Inocente
Juan Inocente is 64 years old, married, and has one adult son. He has a business selling general merchandise that he began fifteen years ago when he had no other employment and began selling a few items. Recently, Juan has had a few difficulties in regards to the sale of his products, as sales have decreased. However, his skills as a merchant have enabled him to stay in business.


He will invest the loan he is requesting in the purchase of shoes, cosmetics, underwear, and clothing. His goal is to grow exponentially, and, if possible, to begin to have vendors who travel to other regions distributing his products.

View original language description ↓
Juan Inocente tiene 64 años de edad, es casado con 1 hijo mayor de edad. El tiene un negocio de venta de mercadería en general. El dio inicio a este negocio hace 15 años. A base de no tener un medio de trabajo decidió comenzar a vender muy pocos productos. En los últimos días el señor ha tenido unos pequeños problemas en cuanto a la venta de sus productos por lo que las ventas han bajado, sin embargo con una buena técnica de mercadeo ha logrado quedarse en el mercado. El crédito será invertido en la compra de calzado, cosméticos ropa interior y de vestir. Su meta es crecer de una manera abundante y si es posible empezar a tener vendedores que viajen a los departamentos a dejar su producto.


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
  • 149
    View loans »
    Nicaragua Loans Fundraising
  • $24,071,325
    Funds lent in using Kiva
  • 20.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Juan Inocente working capital.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 2, 2009
Listed
Dec 23, 2009
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2010