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Benjamin Daniel
Benjamín Daniel is 32 years old and his business is selling bread. He has been making his living from this business for more than 5 years. He started this business of his own accord because he had to take care of his family and to pay for his studies, which is the reason he had to find a way to make money. He is a man who likes to work hard and to set his mind toward getting ahead with his business and his plans for the future. For that reason he is requesting financing for working capital to purchase bread, which is the raw material he needs to offer to his customers. His dream is to be able to finalize his studies and in addition get ahead with this business, which is the only means he has of making a living.
View original language description ↓
Benjamín Daniel tiene 32 años, La actividad económica es la venta de pan. Hace más de 5 años que se dedica a este negocio. Inicio este negocio por cuenta propia ya que tenía que hacerse cargo de su familia y además tenía que pagarse sus estudios por lo que tenía que buscar la manera de obtener ingresos él es un hombre que le gusta luchar y proponerse salir adelante con su actividad económica y sus planes para el futuro. Es por eso que solicita financiamiento para capital de trabajo para la compra de pan que es la materia prima necesaria para ofrecerles a sus clientes. El sueño de él es poder finalizar sus estudios y además seguir adelante con este negocio que es el único medio de vida que posee.

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
  • 161
    View loans »
    Nicaragua Loans Fundraising
  • $23,192,125
    Funds lent in using Kiva
  • 20.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Benjamin Daniel working capital.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 8, 2010
Listed
Jan 19, 2010
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2011