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Jose Santos
José Santos is a responsible man who enjoys working in his tire repair and welding business. He has had this business for more than 5 years. He used to live in Costa Rica but because his family were in Nicaragua he came to live there and used his own funds to set up his own business. He is requesting this loan to buy raw material such as machinery to repair tires, tires, equipment, etc.
View original language description ↓
José Santos es un hombre muy responsable y disfruta de su negocio que es el servicio de vulcanización y soldadura. Hace más de 5 años que tiene este negocio. Este medio de vida lo aprendió porque anteriormente él vivía en costa rica, pero debido a que su familia estaba en Nicaragua tuvo que venir y con fondos propios estableció su propio negocio, que está ubicado en el sector número 8 del puente de Villanueva 300 metros al este. Es por eso que solicita este crédito para la compra de materia prima como maquinarias para reparar llantas, compra de llantas, herramientas entre otras cosas.

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
  • 135
    View loans »
    Nicaragua Loans Fundraising
  • $24,558,975
    Funds lent in using Kiva
  • 21.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $925 helped Jose Santos working capital.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 27, 2010
Listed
Nov 8, 2010
Currency Exchange Loss:
Possible
Ended:
Jun 16, 2012