Check out other loans that are currently fundraising!
Folkin Antonio
Folkin Antonio, 33, is married and has three minor children. He sells crafts in an itinerant manner in different places and departments. He started the business 10 years ago because of the lack of employment opportunities in our country. Besides, he used to work in the fields but those kinds of jobs are becoming rarer every day.

He wants to use the loan to buy crafts because he also sells them from home. His dream has always been to have a large grocery store in his home and someday leave something good for his children that they can support themselves with.
View original language description ↓
Folkin Antonio tiene 33 años, es casado y tiene 3 hijos, todos menores de edad. El señor se dedica a la venta de artesanía, los cuales distribuyen de manera ambulante en diferentes lugares y departamentos. Ya tiene 10 años que dio inicio a este negocio ante la falta de trabajo que aqueja a nuestro país, además que él era trabajador del campo y los trabajos de ese rubro cada día se vuelven más escasos. El señor desea invertir este crédito en la compra de artesanía, ya que además de vender en su casa también. Su sueño siempre ha sido llegar a tener una pulpería grande en su casa de habitación, y algún día dejarle algo bueno a sus hijos con lo cual puedan mantenerse.

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
  • 125
    View loans »
    Nicaragua Loans Fundraising
  • $24,036,450
    Funds lent in using Kiva
  • 21.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,125 helped Folkin Antonio to buy crafts.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 8, 2010
Listed
Oct 25, 2010
Currency Exchange Loss:
Possible
Ended:
Nov 18, 2011