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Lester Roberto
Lester Roberto is 23 years old. He has a Pepsi distribution business which he has had for more than 3 years. He sells his products through delivery trucks which supply all the different grocery stores. Lester is looking for a way to move them since the distances are very long. He will use his loan to buy raw materials since a very good season is approaching and he would like to offer a wide range. He dreams of improving his income and expanding his business.
View original language description ↓
Lester Roberto tiene 23 años, su actividad es brindar el servicio de distribución de pepsi. Hace más de 3 años que tiene este negocio, la comercialización de sus productos las realiza a camiones repartidores, que son los que se encargan de abastecer las diferentes pulperías, Lester busca la manera de trasladarlos ya que las distancias son muy largas. El motivo del financiamiento es para la compra de materia prima ya que se acerca una muy buena temporada y quiere ofrecer una gran variedad. Sueña con mejorar sus ingresos y agrandar su negocio.

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
  • 131
    View loans »
    Nicaragua Loans Fundraising
  • $24,576,775
    Funds lent in using Kiva
  • 21.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Lester Roberto working capital.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 10, 2010
Listed
Nov 17, 2010
Currency Exchange Loss:
Possible
Ended:
Oct 18, 2011