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Apolonio Jose
Apolonio Jose is 42 years old and has a business selling food. He has had this business for more than seven years and the majority of his clients come to his home which is where his business is located. It was by his own initiative that he started this business in spite of not having a lot of income for his business. It is very important to him to raise his three young children. He is requesting this loan to purchase supplies such as rice, beans, sugar, oil, juices and soft drinks.
View original language description ↓
Apolonio José tiene 42 años, su actividad es brindar el servicio de comida. Hace más de 7 años que tiene este negocio la mayoría de sus clientes llegan a su hogar, que es donde está ubicado su negocio. Pues fue por iniciativa propia que comenzó a pesar de no tener mucho ingresos para su negocio siempre. Ya que es muy importante para sacar adelante a sus 3 hijos menores de edad. el motivo del financiamiento es para la compra de materia prima como arroz, frijoles, azúcar, aceite, jugos y refrescos.

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
  • 63
    View loans »
    Nicaragua Loans Fundraising
  • $23,461,725
    Funds lent in using Kiva
  • 21.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Apolonio Jose working capital.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 8, 2010
Listed
Nov 13, 2010
Currency Exchange Loss:
Possible
Ended:
Nov 18, 2011