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Mariano
Mariano, age 41, works in food and candy sales. He started this business with his own funds, and as a responsible father he wants a way to generate income for his family. So, he works every day from 7 am to 8 pm. Different customers are always arriving in search of different products, so he always goes to a lot of trouble to offer a good service; because of this, he has had a lot of customers. With this loan he wants to buy basic materials for his work. In the future he wants to increase his stock and thus offer a greater variety.
View original language description ↓
Mariano de 41 años, trabaja en la venta de comida y golosinas, el inicio este negocio con fondos propios, pues como todo padre responsable busca la forma de generar ingresos para su familia. Por lo que trabaja todos los días desde las 7 de la mañana hasta las 8 de la noche, por lo que siempre están llegando diferentes clientes a buscar diferentes productos él siempre se esmera en ofrecer un buen servicio pues así es que ha tenido una gran cantidad de clientes. Con el préstamo quiere comprar materia prima necesaria para su actividad. En el futuro quiere surtir su negocio y así ofertar una gran variedad.

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
  • 67
    View loans »
    Nicaragua Loans Fundraising
  • $23,624,275
    Funds lent in using Kiva
  • 21.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Mariano working capital.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 11, 2010
Listed
Aug 23, 2010
Currency Exchange Loss:
Possible
Ended:
Aug 16, 2011