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Marcelino Alexander
Marcelino Alexander is 38 years old. For him, supporting his two sons is the most important thing. He has a carpentry workshop, and has been in business for over 16 years now. He started the business using earnings from the job he previously held in his aunts' carpentry workshop, where he learned his trade. When he decided to set up on his own, Marcelino overcame hurdles such as having to buy every piece of equipment a workshop needs, but he was not disheartened. Now he is seeking a loan to buy wood, nails, glue and varnish, among other things, so that he can set up a second business for his sons.
View original language description ↓
Marcelino Alexander tiene 38 años. Sus 2 hijos a cargo, son lo más importante para él para brindar apoyo. Su actividad es brindar el servicio de taller de carpintería, pues hace más de 16 años que se dedica a este negocio, este negocio lo inicio ingresos del trabajo que poseía anteriormente, ya que él se instruyó en una carpintería de sus tías, por lo que Marcelino con su propio esfuerzo decide establecer su propia carpintería, a pesar que enfrento dificultades como lo fue la compra de todas las herramientas necesarias para su taller, pero esto no desanimo. Actualmente solicita este crédito para comprar madera, clavos, pega, maque, entre otras cosas. el desea establecer otro negocio para sus hijos.

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
  • 86
    View loans »
    Nicaragua Loans Fundraising
  • $23,715,900
    Funds lent in using Kiva
  • 21.4
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $925 helped Marcelino Alexander working capital.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 15, 2010
Listed
Jul 20, 2010
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2011