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Deylin Francisco
Deylin Francisco is 25, married and has a young child. He has a motorcycle taxi unit, and he circulates through the urban area from 6 am to 10 pm.
He drives the motorcycle taxi and has had it for three years already. Previously, he worked as a driver but this did not earn him much income.
He is requesting this loan to make some improvements to his motorcycle taxi, with the goal of offering a better service. Something that affects him is that the streets are pretty bad and this makes vehicles deteriorate more easily. His dream has always been to buy a minibus, in order to obtain better earnings in his transportation business.
View original language description ↓
El señor Deylin Francisco tiene 25 años, es casado y tiene un hijo menor de edad. El señor tiene una unidad de moto taxi, la cual circula en el área urbana desde las seis de la mañana hasta las diez de la noche. El maneja dicha moto taxi y ya tiene tres años de tenerla. Anteriormente él trabajaba como chofer pero esto no le generaba ingresos mayores para él. Está solicitando este crédito con el objetivo de realizarse unas mejoras a la moto taxi que tiene, con el objetivo de brindar un mejor servicio. Algo que afecta a él en el transporte es que las calles están bastante malas lo que hace que los vehículos se deterioren con mayor facilidad. Su sueño siempre ha sido llegar a comprar un microbús, con el objetivo de obtener mayores ganancias en su negocio de transporte.

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
  • 127
    View loans »
    Nicaragua Loans Fundraising
  • $24,051,825
    Funds lent in using Kiva
  • 21.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Deylin Francisco working capital.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 11, 2010
Listed
Jun 11, 2010
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2011