Check out some available loans that are similar to this one!
Vicente Ramon
Vicente Ramón, age 41, has had a mini market for over 15 years. He sells different products like grains, sweets, detergents, bread, clothes, and cosmetics. He likes to offer a little of everything to reach his goals.

This business has been the needed livelihood to support his two children. The mini market was previously located in a place where he did not have many customers. It is currently in another place where he lives.

He wishes to increase his inventory in order to change his mini market into a super mini. The loan he is requesting is to buy raw material.
View original language description ↓
Vicente Ramón tiene 41 años, su actividad económica es una pulpería. Hace más de 15 años, que se dedica a este negocio pues el ofrece diferentes productos como granos, golosinas, detergentes, pan, ropa y cosméticos. Pues a le gusta ofrecer de todo un poco para llevar a cabo sus metas. Este negocio ha sido el sustento necesario para mantener a sus 2 hijos, anteriormente la ubicación de su pulpería era en un lugar donde no tenía muchos clientes, actualmente se encuentra en otro lugar en donde vive. Su deseo es incrementar su inventario para convertir su pulpería en un mini súper. El financiamiento que solicita es para la compra de materia prima.

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

  • $4,800
    Average annual income
  • 102
    View loans »
    Nicaragua Loans Fundraising
  • $24,739,175
    Funds lent in using Kiva
  • 20.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,075 helped Vicente Ramon working capital.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 9, 2010
Listed
Mar 19, 2010
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2011