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Carlos Arturo
Carlos Arturo, 42, is married and has 2 minor children. He has a workshop where he repairs bicycles and also sells spare parts. This is not the first time that he has taken a loan; he has already proven to be a very responsible person. He has been in this humble line of work for more than 13 years, and with it he has been able to educate, clothe and feed his children. His wife works as a merchant selling clothing and various items to help support the household. This loan will be used to buy parts and supplies such as bicycle seats, chains, pedals, oils, and tires, among other items.
View original language description ↓
El señor Carlos Arturo tiene 42 años de edad, es casado y tiene dos hijos los cuales son menores de edad. Su actividad económica de un taller de reparación de bicicletas, en la que además vende los repuestos. Por lo que no es la primera experiencia que tiene con financiamientos pues ha demostrado ser una persona muy responsable. Hace más de 13 años que se dedica a esta humilde actividad, con ella ha podido ofrecerles a sus hijos estudios, alimentos y vestimenta. Su esposa trabaja como comerciante de ropa y artículos varios, por lo cual también aporta para el sustento del hogar. E4ste financiamiento será destinado para la compra de materia prima como asientos, cadenas, pedales, aceites, llantas entre otras cosas.

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
  • 120
    View loans »
    Nicaragua Loans Fundraising
  • $24,430,250
    Funds lent in using Kiva
  • 21.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Carlos Arturo working capital to buy bicycle parts and supplies.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 12, 2010
Listed
Aug 25, 2010
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2011