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Edgar Antonio
Edgar Antonio is 54-years-old; his business is buying and selling watches. He has had this business for more than 15 years and this is not the first time he has decided to get a loan. This business is the way that he continues to earn income to support his family. He has shown himself to be an excellent client and a very hard-working and entrepreneurial person who wants to improve his business. The loan will be for the purchase of raw materials and a wide variety of watches to offer to his customers. He dreams of growing his business and establishing a grocery store in his house.
View original language description ↓
Edgar Antonio tiene 54 años, su actividad económica es la compra y venta de reloj. Hace más de 15 años que tiene con esta actividad, esta no es la primera vez que decide realizar financiamientos por lo que él ha siempre el tiene este trabajo que es su medio de vida para continuar generando ingresos para su familia, el ha demostrado ser un excelente cliente es una persona muy trabajadora y emprendedora, y quiere mejorar su actividad. El destino del crédito será para la compra de materia prima y comprar una amplia variedad de reloj y ofrecerlo a sus clientes. Sueña con ampliar su negocio y establecer una pulpería en 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
  • 77
    View loans »
    Nicaragua Loans Fundraising
  • $23,409,100
    Funds lent in using Kiva
  • 21.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Edgar Antonio working Capital.
100% repaid
Repayment Term
19 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 27, 2010
Listed
Jun 4, 2010
Currency Exchange Loss:
Possible
Ended:
Nov 18, 2011