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Carlos Manuel
Carlos, 40, has a grocery store. He needs to be able to have everything his customers ask for in stock. He is always seeking ways to get ahead and offer better conditions for his family because he is always watchful of the wellbeing of his children.

Carlos has many customers who come to his store because he has al the basic household items in stock.

The funds will be used to buy stock inventory merchandise that is required for the good investment in his store; he dreams with improving his home daily.
View original language description ↓
Carlos tiene 40 años, el se dedica a una pulpería. Por lo que tiene la necesidad de ofrecerles a sus clientes lo que ellos le soliciten. Pues el siempre tiene el espíritu de salir adelante y mejorar las condiciones económicas de su familia, pues siempre está al pendiente de sus hijos. Carlos tiene muchos clientes que recurren a su pulpería porque ofrece los productos más necesarios, para el hogar. Por lo que el financiamiento será utilizado para la compra de materia prima que es necesario para la buena inversión de su negocio. el sueña con mejorar cada día su vivienda.

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
  • 122
    View loans »
    Nicaragua Loans Fundraising
  • $23,803,950
    Funds lent in using Kiva
  • 20.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Carlos Manuel to buy stock inventory for his store.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 10, 2010
Listed
Mar 13, 2010
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2010