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Luis Simeon
Luis is a hardworking, determined man who enjoys living with his wife and three young children. He runs a general store which he began five years ago on his own initiative because he needed a way to earn income to support his children. His greatest challenge is organizing his time since he has to take care of the business and do some housework to help his wife. That is why he is asking for this loan to buy snacks, detergents, basic grains and juices.
View original language description ↓
Luis es un hombre trabajador y luchador que goza de tener a su esposa y 3 hijos menores de edad viviendo con él. Su actividad es una pulpería, negocio que inicio hace 5 años por iniciativa propia ya que necesitaba un medio para generar ingresos a su hogar y mantener a sus hijos, a pesar de que su mayor desafío ha sido organizar su tiempo, pues tiene que atender el negocio y realizar ciertas tareas del hogar para ayudar a su esposa. Es por eso que solicita este crédito con el fin de comprar golosinas, detergentes, granos básicos y jugos.

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
  • 71
    View loans »
    Nicaragua Loans Fundraising
  • $25,065,800
    Funds lent in using Kiva
  • 21.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Luis Simeon working capital.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Oct 28, 2010
Nov 10, 2010
Currency Exchange Loss:
Sep 15, 2011