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Juan Amilcar
Juan Amílcar is 62 years old, he is married and has 6 adult children. He engages in beekeeping. He started this activity 10 years ago; at first he was working for a company working in this field, then, in time, with great effort and by saving, he has been able to start his own activity, which is what he now possesses. He is requesting this loan in order to buy tongs, fuel, overalls and other things that are useful to produce honey. The biggest challenge he has always had to face as an employer is the occasional lack of sales. For this reason his biggest dream has always been to establish a family-owned company and that his children can work with him.
View original language description ↓
El señor Juan Amílcar tiene 62 años, es casado y tiene 6 hijos, ya son mayores de edad. El señor se dedica a la apicultura. El señor dio inicio a este negocio hace 10 años, primeramente el trabaja con una empresa que realizaba este negocio y después, con el tiempo y con mucho esfuerzo y ahorro pudo hacerse de su propia actividad que es el que actualmente posee. El señor está solicitando este crédito ya que piensa comprar pinza, combustible, trajes entre otras cosas que son útiles para la producción de miel. El mayor desafió que siempre ha tenido él como empresario ha sido que algunas veces no ha tenido muchas ventas. De allí nace que su mayor sueño siempre ha sido establecer una empresa familiar y que sus hijos puedan trabajar con él.

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

  • $4,800
    Average annual income
  • 112
    View loans »
    Nicaragua Loans Fundraising
  • $24,828,400
    Funds lent in using Kiva
  • 21.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Juan Amilcar to increase his working capital.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 22, 2010
Listed
Nov 8, 2010
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2012