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Bonifacio is 55 years old. From a young age he has worked in the store that he runs from his home. It is important to note that Fundación León 2000, Kiva´s field partner, has provided a helping hand on various occasions, granting him loans that allowed him to get his store established. He has always thought about buying products such as oil, rice, beans, bread, soup, detergent, soap and other items that he needs to sell, which is why he is requesting a loan.
View original language description ↓
Bonifacio tiene 55 años en los que desde joven su negocio que es una pulpería en su vivienda. Para esto es importante señalar que Fundación León 2000 ha sido su mano amiga en varias ocasiones concediéndole créditos para llegar a establece este negocio. Por lo que no es la primera vez que realiza financiamientos. Pues siempre piensa en invertir en la compra de materia como es aceite, arroz, frijoles, pan, detergentes, jabón, consomé, y otros productos que necesita tener de venta. Es por eso que el solicita a esta institución un financiamiento.

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
  • 77
    View loans »
    Nicaragua Loans Fundraising
  • $25,413,450
    Funds lent in using Kiva
  • 21.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Bonifacio working capital.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Jun 16, 2010
Jul 2, 2010
Currency Exchange Loss:
Apr 15, 2011