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Jose Luis
José Luis is married and has 2 children who are in a public school because he doesn't have enough money to send them to private school. His business is a small grocery store which is located in his home. He used to work in different places in his district offering his products in the streets. In this way, he managed to attract a lot of customers. He is currently very well established in his home premises although it wasn't easy to confront all the difficulties he has experienced. He is now requesting a loan to be used as working capital for the purchase of basic grains, juice, bread, candies, eggs and soda. His dream is to increase his business so that he can secure his children's future.
View original language description ↓
José Luis está casado y tiene 2 hijos que asisten a un colegio público, ya que no tiene los suficientes ingresos para mantenerlos en un privado. Su actividad económica es una pulpería, que está ubicada en su vivienda. Anteriormente él viajaba a diferentes lugares en su comarca para ofrecer sus productos por lo que andaba ambulante, fue así de esta manera que pudo conseguir muchos clientes. Actualmente el se encuentra muy bien establecido en su vivienda, aunque no fue fácil enfrentar todas las dificultades por lo la que tuvo que atravesar. Ahora está solicitando un financiamiento que será utilizado para capital de trabajo para la compra de granos básicos, jugos, pan, dulces, huevos y gaseosas. Tiene el sueño de incrementar su negocio para que el día de mañana esto le asegure el futuro a sus 2 hijos.

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
  • 72
    View loans »
    Nicaragua Loans Fundraising
  • $23,443,675
    Funds lent in using Kiva
  • 21.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Jose Luis working capital.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 28, 2010
Listed
Nov 13, 2010
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2011