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Candido Arsenio
Mr. Candido Arsenio is 38 years old and has been married for a long time. He has four young children that the cares for. He started his business as a street vendor and obtained his merchandise from different departments. Later, he established his business at the market where he was able to obtain new clients which is how he can provide for his family daily. He does cash sales and also offers credit to his best customers. He is requesting this loan to purchase cell phones, accessories and other products since he has several orders for the end of the year. People request the different products that he offers.
View original language description ↓
El Señor Cándido Arsenio de 38 años está casado desde hace mucho tiempo y con ella tiene 4 hijos menores de edad a su cargo. Su negocio lo inicio de manera ambulante obteniendo la mercadería de diferentes departamentos y lugares y más tarde fue que se estableció en el mercado en donde obtendría ofrecer nuevos clientes de esta manera es que llevara el sustento diario a su hogar, ya que vende de contado y al crédito a sus mejores clientes.Solicita este préstamo para la compra de celulares, accesorios, entre otros. Ya que tiene varios pedidos para de fin de año. La gente le solicita los diferentes productos que el ofrece.

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
  • 81
    View loans »
    Nicaragua Loans Fundraising
  • $23,617,600
    Funds lent in using Kiva
  • 21.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Candido Arsenio working capital.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 8, 2010
Listed
Nov 13, 2010
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2011