Check out other loans that are currently fundraising!
Juan Irene
Juan Irene is 43 years old. His business is butchering and selling pigs, and he has been in this business for more than 10 years. He started his business as he was faced with the lack of work that afflicts our country. He was an agricultural worker and jobs in this field are becoming increasingly scarce.

Juan Irene would like to invest this loan in buying pigs and cows. He goes to find these products in different areas of the region. His dream has always been to have a large grocery store in his home and to be able, some day, to leave something good to his children with which they will be able to support themselves.
View original language description ↓
Juan Irene tiene 43 años, su actividad es la venta y destace de cerdo. Hace más de 10 años que tiene este medio de vida, dio inicio a este negocio ante la falta de trabajo que aqueja a nuestro país, además que él era trabajador del campo y los trabajos de ese rubro cada día se vuelven más escasos. El señor desea invertir este crédito en la compra de cerdos y vacas, el sale a buscar estos productos a las diferentes zonas de comarca. Su sueño siempre ha sido llegar a tener una pulpería grande en su casa de habitación, y algún día dejarle algo bueno a sus hijos con lo cual puedan mantenerse.

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
  • 129
    View loans »
    Nicaragua Loans Fundraising
  • $24,581,200
    Funds lent in using Kiva
  • 22.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $925 helped Juan Irene working capital.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 20, 2011
Listed
Jan 27, 2011
Currency Exchange Loss:
Possible
Ended:
Oct 18, 2011