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Tomas
Tomas is 39 years old and this is the first time he has taken out a loan. He is doing so because it is very important for his business. He works in the carpentry trade, and has offered these services for the past 20 years. Most of his customers are always asking him to make various pieces furniture, including tables, chairs, beds and other items. This loan is to buy reeds, lacquer, tools and other things. He wants to make improvements to his business premises and keep it running.
View original language description ↓
Tomas tiene 39 años esta es la primera vez que realiza financiamiento, pues ha sido muy importante para su negocio. La actividad económica a la que se dedica es ofrecer los servicios de carpintería, hace más de 20 años que se dedica a esta actividad, la mayoría de sus clientes siempre le están solicitando diferentes elaboraciones de muebles mesa, sillas, camas entre otros productos. Este crédito es para la compra de junco, maque, herramientas entre otras cosas. El desea proporcionarle mejoras a su local del negocio y mantenerlo siempre activo.

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
  • 95
    View loans »
    Nicaragua Loans Fundraising
  • $24,753,075
    Funds lent in using Kiva
  • 22.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $175 helped Tomas working capital.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 7, 2011
Listed
Feb 10, 2011
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2011