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Wilber Javier
Wilber Javier has worked with the Fundación for a long time. He has worked in this business for over seven years. He looks for the way to improve the family income. He has a grocery store. He starts at seven in the morning and works until ten at night.

Most of his customers come to the store to look for his different products. He started with an inheritance from his grandfather. He wanted to get this business ahead as it would be the needed source of income to support his two children and stay in the business.

The loan will be used to buy supplies for his business.
View original language description ↓
Wilber Javier tiene mucho tiempo de trabajar con Fundación. Hace más de 7 años que se dedica a este negocio. Pues busca la forma de mejorar los ingresos de su familia. Su actividad es una pulpería, que inicia desde las 7 de la mañana hasta las 10 de la noche, por lo que la mayoría de sus clientes llegan a buscar sus diferentes productos inicio por una herencia de su abuelo y quería sacar adelante este negocio que sería la fuente de ingresos necesarios para mantener a sus 2 hijos y mantener esta actividad. El crédito será invertido en la compra de materia prima para su negocio.

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
  • $23,814,675
    Funds lent in using Kiva
  • 21.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Wilber Javier working capital.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 28, 2010
Listed
Nov 6, 2010
Currency Exchange Loss:
Possible
Ended:
Aug 16, 2011