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Eliar Jose
Eliar José is 34 years old. He has a small grocery store in which he sells canned goods, soups and meat. He started his business when he had a certain amount of savings. He started the business as he needed the income for his family. He has two dependent children in his care and, over time, he has managed to expand his business. He works from 6 in the morning until 9 at night every day selling candies, soft drinks, grains, bread and soda. One of the recent difficulties he has had in working in his store has been his wife's illness since this means that he also has to take care of his children. He will use his loan to buy drinks, basic grains and bread, amongst other products since a good season is approaching and he wants to be able to offer everything to his customers.
View original language description ↓
Eliar José de 34 años, tiene una pulpería en donde vende, enlatados, canes, sopas y carnes. Inicio cuando tenía ciertos ahorros, propios fue así que inicio este medio de vida ya que necesitaba este ingreso necesario para su hogar. El tiene 2 hijos menores de edad a su cargo y con el paso del tiempo es que ha logrado ampliar su negocio. Trabaja desde las 6 de la mañana hasta las 9 de la noche todos los días vendiendo golosinas, bebidas, granos, pan y gaseosas Una de las dificultades en estos meses para trabajar en su tienda ha sido la enfermedad de su esposa ya que él se debe encargar de sus hijos. Con el préstamo quiere comprar bebidas, granos básicos, pan entre otros. Pues se acerca una buena temporada y quiere ofrecer de todo.

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
  • 74
    View loans »
    Nicaragua Loans Fundraising
  • $23,416,850
    Funds lent in using Kiva
  • 21.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Eliar Jose working capital.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 9, 2010
Listed
Nov 14, 2010
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2011