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Danilo Jose
Sr. Danilo José is 49 years old, married, and has two children, one who is already an adult and an 8 year old daughter. He buys and sells both used and new clothing. Danilo sells his merchandise as a street merchant in various departments. He started this business seven years ago because he could not find employment. His goal was to have a source of financial income by which to feed his family. He currently has enough customers within the department.


Danilo is requesting a loan so that he can invest in the purchase of clothing, continue working, and remain in good condition. The loan will improve his earnings so that he can invest more into his business and have a better income.

View original language description ↓
El señor Danilo José tiene 49 años de edad, es casado y actualmente tiene dos hijos uno mayor de edad y la otra hija tiene 8 años de edad. El señor se dedica a la compra-venta de ropa usada y nueva, los cuales distribuyen de manera ambulante en los departamentos. El señor inicio este negocio desde hace 7 años ante la falta de empleo, este fue con el objetivo de tener un ingreso económico ya que tenía una familia que alimentar. Actualmente posee bastante clientela en el departamento. El está solicitando este crédito con el objetivo de invertir en compra de ropa y seguir trabajando, para de esta manera también quedar bien con el préstamo. Este préstamo mejorara sus ganancias ya que puede invertir más y obtener mayores ganancias.

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
  • $24,035,950
    Funds lent in using Kiva
  • 21.4
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Danilo Jose purchase more clothing.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 23, 2010
Listed
Jul 30, 2010
Currency Exchange Loss:
Possible
Ended:
Aug 16, 2011