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German Francisco
German is 63 years old and has been dedicated to provide transportation services for more than 9 years. It is his only source of income.


He started in this activity with the help of a friend that gave him some guidance with this work. German also had enough experience to perform the job since he is a very social person and has liked to keep his customers.


His desire is to get another taxi to improve his income. He is requesting this loan for the purchase of tires, lights, oil change among some other maintenance work.

View original language description ↓
German tiene 63 años de edad, su actividad económica es brindar el servicio de transporte. Hace más de 9 años que se dedica a este negocio que es su único medio de trabajo. El inicio esta actividad por medio un amigo que le brindo cierta orientación con este trabajo, además Germán tenía el la suficiente experiencia para realizar este tipo de trabajo, pues es una persona muy sociable y le ha gustado mantener a sus clientes. Su deseo es adquirir otra unidad de taxi, para mejorar sus ingresos. El solicita este financiamiento para la compra de llantas, focos, cambio de aceite entre otros arreglos.

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
  • 176
    View loans »
    Nicaragua Loans Fundraising
  • $23,211,000
    Funds lent in using Kiva
  • 21.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped German Francisco working Capital.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 17, 2010
Listed
Mar 1, 2010
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2011