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Francisco
Francisco is 34 years old and has 3 young children in his care. His business is rather peculiar as he makes coffins and is a funerary services supplier. He started his business 10 years ago. He learned his craft in El Salvador and later decided to set up his workshop in his own home, so as to generate income for his family. He is requesting this loan to purchase tools, wood, glue and nails, among other things. His biggest dream has always been to have better and more up-to-date equipment so as to obtain higher returns.
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El señor Francisco tiene 34 años, tiene 3 hijos menores de edad a su cargo. Su negocio es muy peculiar como es la elaboración de ataúdes y brindar el servicio de funeraria. El señor inicio este negocio hace 10 años, ya que lo aprendió en el salvador luego decidió establecerse en su vivienda, para generar ingresos para su hogar. El señor está solicitando este crédito para realizar la compra de herramientas, madera, pega, clavos, entre otras cosas. Su mayor sueño siempre ha sido tener mejores equipos y más actualizados lógicamente brinden mayores ganancias.

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
  • 127
    View loans »
    Nicaragua Loans Fundraising
  • $24,535,925
    Funds lent in using Kiva
  • 21.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Francisco working capital.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 13, 2011
Listed
Jan 25, 2011
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2012