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Mauricio Antonio
Mauricio Atonio is 27 years old and he has a son in his care. He started out his business selling general store items because he is a responsible father. He works from 8 in the morning until 9 at night from Mondays to Saturdays, and this hard work has yielded good results. He is able to recover his investment but he is not able to quickly respond to client demands. He doesn't have additional capital funds. He goes out to the markets to sell where he is able to capture new clients every day. With this loan he will purchase purses, shoes, cosmetics, general clothing items and other special orders. His dream is to improve the profits from his business, to improve his quality of life.
View original language description ↓
Mauricio Antonio tiene 27 años, tiene 1 hijos a su cargo. El dio inicio a su negocio que es la venta de mercadería en general porque es un padre responsable. Trabaja desde las 8:00 de la mañana hasta las 9 de la noche de lunes a sábados y esta persistencia logra resultados, por eso recupera su inversión, pero no responde rápidamente a sus clientes porque no tiene un capital adicional, pues sale a vender en los mercados que es donde tiene mayor cantidad de clientes nuevos cada día, con este crédito quiere realizar la compra de bolsos, calzados, cosméticos, ropa en general y otros encargos. Su sueño es aumentar los ingresos del negocio, para mejorar su calidad de vida.

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
  • $24,405,100
    Funds lent in using Kiva
  • 21.6
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Mauricio Antonio working capital.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 29, 2010
Listed
Oct 5, 2010
Currency Exchange Loss:
Possible
Ended:
Nov 18, 2011