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Felipe Santiago
Felipe Santiago is 64 years old. He has worked with Fundación León 2000 for a long time. Felipe's economic activity is a taxi service. He has been in this business for more than 36 years. He started this businesss because he didn't have enough income to pay his family's expenses. Felipes loves his job since it is interesting to drive through the streets and he talks to his clients. This is why he is able to give them a card so that they can contact him. He is asking for this financing for working capital to be able to purchase some necessary replacement parts. He wants to continue with this activity.
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Felipe Santiago de 64 años de edad. El tiene mucho tiempo de trabajar con Fundación León 2000. La actividad económica de Felipe es brindar el servicio de taxi. Hace más de 36 años que se dedica a este negocio. el inicia este negocio porque no tenía suficiente ingresos para sufragar los gastos de su familia, a Felipe le encanta su trabajo ya que se distrae recorriendo las calles y además conversa con sus clientes por lo que tiene la facilidad de ofrecerles una tarjeta para que puedan contactarlo. Es así que solicita este financiamiento para capital de trabajo así podrá comprar ciertos repuestos necesarios. El desea seguir adelante con su actividad.

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
  • 66
    View loans »
    Nicaragua Loans Fundraising
  • $23,485,000
    Funds lent in using Kiva
  • 21.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Felipe Santiago working capital.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 23, 2010
Listed
Apr 30, 2010
Currency Exchange Loss:
Possible
Ended:
May 15, 2011