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Carlos Ernesto
Carlos Ernesto is 22 years old and he has been providing internet service for the past 2 years. He currently has 8 computers and provides service to the general public, although the ones that use it the most are the students. He charges them a very economic rate. He started this business for his family who support him in this activity. In time he has been able to improve his business, getting updated computers and other equipment. The purpose of the loan is to buy computers to cover the demand from his customers. In the future he wants to have a good business and improve the quality of his life.
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Carlos Ernesto de 22 años, brinda el servicio de cyber desde hace más de 2 años. Actualmente tiene 8 maquinas el brinda el servicio al público en general, pero lo que más llegan son los estudiantes él les proporciona una tarifa muy económica. El inicio por su familia quienes lo apoyan en este tipo de actividad, con el tiempo el ha logrado mejorar su negocio actualizando las computadoras y otra cosas. El motivo del financiamiento es para la compra de computadoras, por lo que tiene demanda de parte de sus clientes. En el futuro quiere obtener un buen negocio y mejorar sus condiciones de vida.

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
  • 71
    View loans »
    Nicaragua Loans Fundraising
  • $23,443,000
    Funds lent in using Kiva
  • 21.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,150 helped Carlos Ernesto working Capital.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 22, 2010
Listed
Dec 1, 2010
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2012