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Jairo Josue
Jario is 25 years old and has two children. Despite being so young, he is very enterprising. He sells and repairs bicycles and has been doing so for more than 12 years. Thanks to the good location of his business, he has lots of customers. His father taught him when he was a boy and over time Jario decided to move ahead with this business. He is constantly searching for better conditions for his family and is asking for this loan in order to buy bicycle repair supplies. He must travel all the way to Managua to obtain them at good prices.
View original language description ↓
Jairo Josué tiene 2 hijos a su cargo. El tiene 25 años a pesar de ser tan joven es muy emprendedor. Su actividad es la venta y reparación de bicicleta, hace mas de 12 años pues gracias a la buena localización de su local, tiene mucha afluencia de clientes, el trabajo lo adquirió porque su Papa le enseñaba desde pequeño, con el tiempo a Jairo le gusto y decidió seguir adelante con este negocio. Por lo que siempre está en busca de mejorar las condiciones de su familia. El financiamiento que solicita es para la compra de materiales necesarios para la reparación ya que él tiene que viajar hasta Managua para conseguirlos a un precio más factible.

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
  • 92
    View loans »
    Nicaragua Loans Fundraising
  • $24,769,675
    Funds lent in using Kiva
  • 21.2
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Jairo Josue working capital.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 10, 2010
Listed
May 25, 2010
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2010