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Yuri Rolando
Yuri Rolando, 40, has a business providing cycle rickshaw (3-wheeled bike with attached cart) transportation services. He has had this business for more than 7 years. He started out in this line of work with severance pay that he had received, so in this way he was able to start the business. He works with a lot of effort and dedication; each day he gets up early because there is a lot of competition and he is always concerned about providing good service to every one of his customers. The reason for this loan is so that he can buy seats, pedals, chains, canopies, and other improvements that he wants to make. He dreams of buying another cycle rickshaw, and in this way expanding his business.
View original language description ↓
Yuri Rolando tiene 40 años, su actividad es la de brindar el servicio de triciclo. Hace más de 7 años que tiene este negocio, inicio este medio de vida por una liquidación que había recibido fue así que empezó este negocio, con mucho esfuerzo y dedicación por lo que todos los días se levanta temprano pues existe competencia y siempre se preocupa por ofrecer un buen servicio a cada uno de sus clientes. El motivo de su crédito es para la compra de asientos, pedales, cadenas, carpas y otras mejoras que quiere realizar. Sueña con comprar otro triciclo y así agrandar 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
  • 164
    View loans »
    Nicaragua Loans Fundraising
  • $23,195,750
    Funds lent in using Kiva
  • 22.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Yuri Rolando working capital.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 8, 2011
Listed
Feb 11, 2011
Currency Exchange Loss:
Possible
Ended:
Mar 22, 2012