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Miguel Geronimo
Miguel Geronimo is 43 years old. He has been buying and selling clothes for more than 12 years in order to provide for the needs of his family. Miguel has worked with Fundación Leon 2000 for a long time, so this is not the first time he has received a loan.

He is always concerned about what is customers are requesting and that he receives enough orders. The loan will be used to buy dresses, trousers, and skirts.

View original language description ↓
Miguel Geronimo tiene 43 años. Su actividad económica es la compra y venta de ropa. Hace más de 12 años que se dedica a este negocio por lo que siempre le ha dado lo necesario a su familia. Miguel tiene mucho tiempo de trabajar con Fundación pues no es la primera vez que realiza financiamientos. Pues siempre está pendiente de los que sus clientes le solicitan y tiene bastantes pedidos el destino del crédito es para la compra de trajes, pantalones faldas y trajes.

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
  • 71
    View loans »
    Nicaragua Loans Fundraising
  • $25,065,800
    Funds lent in using Kiva
  • 21.4
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Miguel Geronimo purchase dresses, trousers, and skirts.
100% repaid
Repayment Term
19 months (Additional Information)
Repayment Schedule
Jul 28, 2010
Jul 30, 2010
Currency Exchange Loss:
Sep 15, 2011