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Francisco Jose
Francisco Jose is a family man. He is 32 years old and he lives together with his wife and their two children. He has been selling ice for the past 2 years. He has requested this loan to improve his earnings. His locale is a very well travelled area because it is located near a fishing port where they require good quantities of his product. He is a person that expends all of his efforts into his business, so that he might provide for his family. He is very happy to be eligible for a first loan. He will purchase a freezer, bags, and other products. He dreams of expanding his business.
View original language description ↓
Francisco José es un padre de familia de 32 años de edad que vive junto a su esposa y a sus dos hijos. Se dedica a venta de hielo desde hace más de 2 años, el objetivo en el que inicio este financiamiento fue para mejorar sus ingresos, pues es una zona muy transitada ya que esta cerca de un puerto pesquero e donde solicitan mucho este producto. El es una persona que brinda todo su esfuerzo en las actividades que realiza, de modo que pueda sacar a su familia adelante, pues se encuentra muy alegre ya que es su primer crédito, así comprara un freezer, bolsas y otros productos. Sueña con ampliar su negocio.

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
  • 75
    View loans »
    Nicaragua Loans Fundraising
  • $23,621,150
    Funds lent in using Kiva
  • 21.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Francisco Jose working capital.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 27, 2010
Listed
Aug 31, 2010
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2011