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Santos Agustin
Santos Agustín is 27 years and provides musical services. He has been working with the Foundation for a long time. He has always looked for a way of improving his business and has achieved it through means of funding that have been of great help for the advancement of his business. He began ten years ago but is always looked for a way to obtain income as any responsible father would to provide his son with the education that he needs. This is why his motive for funding is for purchase of raw material such as musical instruments, wire, extensions, and speakers, among other items. He dreams of continuing to maintain his family through this business.
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Santos Agustín tiene 27 años, el se dedica a brindar el servicio musical. El tiene mucho tiempo de trabajar con Fundación, pues siempre ha buscado la forma de mejorar su negocio y lo ha logrado por medio de los financiamientos que han sido de gran ayuda para que su negocio avance. Sus inicios se dan desde hace 10 pues el siempre está buscando la forma de obtener ingresos como todo padre responsable le brinda a su hijo la educación que el necesita. Es así que el motivo del financiamiento es para la compra de materia prima como instrumentos musicales, alambres, extensiones, parlantes entre otras cosas. Sueña con seguir manteniendo a su familia por medio de este negocio.

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
  • 175
    View loans »
    Nicaragua Loans Fundraising
  • $23,195,750
    Funds lent in using Kiva
  • 21.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Santos Agustin working capital.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 18, 2010
Listed
Jun 5, 2010
Currency Exchange Loss:
Possible
Ended:
Oct 16, 2010