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Jose Ramon
José Román is 53 years old. His work is buying and selling livestock. Previously, his family dedicated itself to this kind of activity, since it has been very beneficial for obtaining a source of income so his family could survive. He has had this business for 15 years already, although it has not been easy, since some buyers do not want to pay a fair price. He is requesting this loan with the objective of buying more cows, bulls and calves. His dream has always been to expand his business and also improve his income.
View original language description ↓
El señor José Román tiene 53 años, El señor se dedica a la compra y venta de ganado anteriormente su familia se dedicaba a este tipo de actividad, pues ha sido muy beneficioso para el obtener un medio de ingreso para que su familia sobreviva. El señor ya tiene 15 años de tener este negocio, pues no ha sido fácil pues algunos compradores no quieren pagar el precio justo. Esta solicitando este préstamo con el objetivo de comprar más vacas, toros y terneros. Su sueño siempre ha sido incrementar su negocio y además mejorar sus ingresos.

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
  • 62
    View loans »
    Nicaragua Loans Fundraising
  • $23,441,425
    Funds lent in using Kiva
  • 21.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Jose Ramon working capital.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 25, 2010
Listed
Aug 27, 2010
Currency Exchange Loss:
Possible
Ended:
Oct 18, 2011