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Genaro
Genaro is 60 years old and for more than 30 years he has sold fish. This profession has improved his income for he and his four children since they were very young. He has liked his business because the sea is a place where he passes the majority of his time, though sometimes he doesn't catch enough fish to sell. Genaro says that he gets a lot of sun every day but he is accustomed to it so it doesn't get in the way of his work. The loan that he is seeking is for working capital and the purchase of assets. His dream is to have his own establishment and to have more income.
View original language description ↓
Genaro tiene 60 años, se dedica a la venta de pesca artesanal. Hace más de 30 años que se dedica a esta actividad, por la necesidad de mejorar sus ingresos de él y de sus 4 hijos desde muy joven a él le ha gustado su negocio, pues el mar es el lugar donde pasa la mayor parte de tiempo, porque algunas veces no obtiene los peces suficientes para comercializarlos además el tiene que recibir sol todos los días el nos dice que está acostumbrado y que esto no le impide seguir adelante. El financiamiento que solicita es para capital de trabajo en la compra de activos fijos. El sueña con tener su propio establecimiento y obtener más ingresos.

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
  • 115
    View loans »
    Nicaragua Loans Fundraising
  • $23,803,650
    Funds lent in using Kiva
  • 20.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Genaro working capital.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 22, 2010
Listed
Feb 4, 2010
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2011