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Reynaldo
Sr. Reynaldo is 46 years old and manages a general store located in his modest home. He is the father of two children, and together with his wife, both of them are able to get ahead. Reynaldo goes out every day to find the necessary products for his business so that he can get the most affordable prices. He also has customers at the market who know him since he comes every day to make purchases.


This loan will be used to buy merchandise such as fruits, vegetables, candy, detergents, and other items. Reynaldo always dreams of establishing a distribution center.

View original language description ↓
El Señor Reynaldo tiene 46 años, su actividad económica es una pulpería. su ubicación es en su humilde vivienda, el es padre de dos hijos que junto a su esposa han logrado salir adelante, por lo que él es quien va todos los días a buscar los productos necesarios para su negocio, ya que los precios de sus productos le resultan mucho más favorable porque también tiene a sus clientes en el mercado pues ya lo conocen porque el llega diariamente a realizar estas gestiones. Este financiamiento es para la compra de materia prima como frutas, verduras, golosinas, detergentes y otras cosas. Siempre sueña con lograr establecer una distribuidora.

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
  • 93
    View loans »
    Nicaragua Loans Fundraising
  • $24,741,875
    Funds lent in using Kiva
  • 22.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Reynaldo operating capital to buy merchandise.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 24, 2011
Listed
Jan 31, 2011
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2012