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Ricardo Jose
Ricardo José is a 30 year old man. He sells clothing and cosmetics. As a street vendor, he is able to obtain new customers and purchase new products. He is requesting the loan to purchase trousers, shirts, skirts, and cosmetics. His dream is to give his son an education so that he will be successful. One challenge which he has faced is the expensive prices of certain products. He enjoys talking with his customers and persuading them to buy the best quality products.
View original language description ↓
Ricardo José tiene 30 anos. Ricardo es un hombre. El se dedica a la venta de ropa y cosméticos. El sabe que de manera ambulante puede obtener nuevos clientes y nuevos productos. Solicita el crédito para invertir en la compra de pantalones, camisas, faldas y cosméticos. Su sueño es darle educación a su hijo para que tenga éxito. Un desafío que ha enfrentado es que el precio de ciertos productos están muy caros. Le gusta el conversar con sus clientes y aconsejarlos a obtener lo mejor.

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
  • 129
    View loans »
    Nicaragua Loans Fundraising
  • $24,046,775
    Funds lent in using Kiva
  • 21.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Ricardo Jose working capital.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 8, 2010
Listed
Sep 14, 2010
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2011