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Francisco Javier
Francisco Javier is 41-years-old and he makes a living transporting building materials. He has had this business for over six years and is a very honorable man who is very happy with his livelihood. Francisco will use the loan to buy used tires, diesel fuel, lubricants, and used batteries. He needs the loan because he does not have the working capital to be able to continue on. Francisco dreams of having another automobile so that he can increase his profits.
View original language description ↓
Francisco Javier tiene 41 años, por lo que su actividad económica es brindar el servicio de transporte para materiales de construcción. Hace más de 6 años que se dedica a este negocio, el es un hombre muy honrado vive muy feliz con su medio de vida. El financiamiento lo destinara para la compra de llantas usadas, diesel, lubricantes y baterías usadas porque no tiene el capital suficiente para seguir adelante es por eso que necesita este financiamiento. El sueño de Francisco es obtener otro automóvil para obtener más ganancias.

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
  • 127
    View loans »
    Nicaragua Loans Fundraising
  • $23,820,300
    Funds lent in using Kiva
  • 20.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Francisco Javier to buy tires, fuel, and batteries.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 29, 2010
Listed
Feb 13, 2010
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2010