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Angel Maria
Angel Maria is 52 years old. He repairs bicycles for a living, and he’s been doing it for more than five years. He’s always been the kind of person to succeed, and he does his best to be a good father to his children. Angel used to work for a company, but he was injured in the war, and had to resign. With time and his savings, he was able to open his own business. Angel has asked for a loan so that he can buy some basic materials: pedals, seats, chains, oil, etc. He hopes to one day have a very well-stocked and complete workshop.
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Ángel Maria tiene 52 años, su actividad es brindar el servicio de taller de bicicleta. Hace más de 5 años que tiene este negocio pues siempre ha demostrado ser una persona capaz de salir adelante y pues siempre le ha gustado ser un padre responsable con sus hijos. Anteriormente trabajaba en una empresa pero al quedar lisiado por la guerra no pudo seguir trabajando con el tiempo y con sus ahorros logro establecer su propio negocio. Ahora solicita este financiamiento para la compra de materia prima como pedales, asientos, cadenas, aceite entre otras cosas. Sueña con establecer un taller mas amplio y completo.

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
  • 101
    View loans »
    Nicaragua Loans Fundraising
  • $24,397,050
    Funds lent in using Kiva
  • 21.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Angel Maria working capital.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 31, 2010
Listed
Jul 1, 2010
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2011