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Jose Ramon
José Ramón is 49 years old and sells natural medicines. He has had this business for more than four years. He began it because of the lack of jobs in this country, which compelled him to find a source of income.

José Ramón has two young children to care for. He worries about how to give them the most important things, like education, health and food. The loan he is asking for is to purchase medications in general since he has many orders to fill.
View original language description ↓
José Ramón tiene 49 años, su actividad es la venta de medicamentos naturales. Hace más de 4 años que tiene este negocio. El inicio por la falta de empleo que tiene nuestro país, esto lo impulso a buscar una fuente de ingreso necesaria. Tiene 2 hijos menores de edad a su cargo, el se preocupa por proporcionarle los ingresos mas importante como estudios, salud y alimentación. El financiamiento que solicita es para la compra de medicamentos en general ya que tiene varios pedidos.

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
  • 75
    View loans »
    Nicaragua Loans Fundraising
  • $23,416,850
    Funds lent in using Kiva
  • 21.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $925 helped Jose Ramon working capital.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 4, 2010
Listed
Nov 19, 2010
Currency Exchange Loss:
Possible
Ended:
Jan 19, 2013