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Luis Alberto
Luis Alberto, 33, makes and sells fireworks. He has been in this business for over 20 years. He is always striving to increase his income because he has had to work from a very young age to support his four children that were under his care; he wanted to provide them with all they needed.

He is very popular because he offers this service and because he has great charisma.

He is asking for funding to buy raw materials. He wants to continue with this activity and succeed.
View original language description ↓
Luis Alberto tiene 33 años, su actividad económica es la elaboración y venta de juegos pirotécnicos. Hace más de 20 años que se dedica a este negocio, por lo que siempre se ha preocupado por mejorar sus ingresos, pues desde muy joven ha tenido que trabajar para su 4 hijos que estaban a su cargo el se preocupaba por proporcionarle lo más necesario. Por lo que es muy popular por ofrecer este tipo de producto y además por tener un gran carisma. El financiamiento que solicita es para la compra de materia prima. El desea continuar con esta actividad y seguir adelante.

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
  • 95
    View loans »
    Nicaragua Loans Fundraising
  • $24,753,075
    Funds lent in using Kiva
  • 22.2
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $875 helped Luis Alberto to buy fireworks raw materials.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 26, 2010
Listed
May 17, 2010
Currency Exchange Loss:
Possible
Ended:
May 15, 2011