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Miguel Angel
Miguel Ángel is 52 years old. His business is offering carpentry services. He began working with a brother as a bricklayer. He was a very enterprising and hardworking man, and so he was given a lot of work. From there learned a lot of skills, and that is how he learned his other trade, carpentry. He decided to look for needed capital. The financing that he is requesting is to purchase raw materials, such as wood, paints and other tools. Miguel's dream is to improve the conditions of his housing.
View original language description ↓
Miguel Ángel tiene 52 años, su actividad económica es brindar el servicio de carpintería. Inicio con un hermano trabajando como albañil, el era un hombre muy emprendedor y luchador que se le presentaban muchos trabajos, de aquí aprendió muchas cosas y así fue que él aprendió su otro oficio como es la carpintería el decidió buscar el capital necesario. El financiamiento que solicita es para la compra de materia prima como madera, pinturas y otras herramientas. El sueño de Miguel es mejorar las condiciones de 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
  • 118
    View loans »
    Nicaragua Loans Fundraising
  • $23,724,925
    Funds lent in using Kiva
  • 21.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $675 helped Miguel Angel working capital.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 16, 2010
Listed
Mar 23, 2010
Currency Exchange Loss:
Possible
Ended:
Mar 24, 2011