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Carlos Jose
Carlos José has his own business selling firewood. He has run the business for over 20 years. He has always liked working and especially because he has a young dependent child. He started out thanks to his dad, who taught him to survive with this business. Most homes do not have the resources to buy gas and firewood is a necessity. This loan will be used to buy firewood, which is essential for his business.
View original language description ↓
Carlos José tiene su negocio que es la venta de leña. Hace más 20 años que tiene este negocio, ya que siempre le ha gustado trabajar ya que tiene 1 hijo menor de edad que tiene que hacerse cargo. Inicio por su Papa que le enseño a sobrevivir con este negocio, ya que la mayoría de los hogares no tiene muchos recursos para comprar gas y la leña que es necesaria. El financiamiento es para la compra de leña que es necesaria para su negocio.

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
  • 59
    View loans »
    Nicaragua Loans Fundraising
  • $23,440,725
    Funds lent in using Kiva
  • 22.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Carlos Jose purchase of firewood.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 10, 2011
Listed
Feb 5, 2011
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2011