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Oscar Leonel
Oscar Leonel is 44 years old and has worked in transportation for more than 10 years. He is a hardworking and responsible man because he knows he has to take care of his 2 young children. His wife helps him defray the costs of maintaining their home by selling Zermat and Avon products. Together, they work to improve their family's living conditions.

Oscar Leonel started his business on his own, using his savings to buy his own vehicle. He is requesting a loan to buy replacement parts for his transport vehicle.
View original language description ↓
Oscar Leonel tiene 44 años, su actividad es brindar el servicio de transporte Hace más de 10 años. El es un hombre muy trabajador y responsable pues sabe que tiene hacerse cargo de sus 2 hijos menores de edad a su cargo. Su esposa quien ayuda a su negocio a sufragar los gastos del hogar, vende productos de la zermat y Avon, juntos trabajan para mejorar las condiciones de su hogar. Este negocio lo aprendió por su propia cuenta y fue por ahorros que tenía conservado que compro su propia unidad y así empezó con este servicio. Es por eso que solicita este crédito para la compra de repuestos para su unidad de transporte.

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
  • 128
    View loans »
    Nicaragua Loans Fundraising
  • $23,814,675
    Funds lent in using Kiva
  • 21.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Oscar Leonel working capital.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 22, 2010
Listed
Nov 9, 2010
Currency Exchange Loss:
Possible
Ended:
Jan 21, 2012