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Luis Manuel
Luis Manuel owns a grocery store and has been in this business for more than 4 years. This is not the first time that he has taken loans and he is very happy with his work. Luis started his business because he didn't have a stable job that made him daily income. He has always looked after and supported his family.

Luís is requesting this loan to buy candy, soft drinks, bread, cookies and basic grains. He dreams of improving his income every day and increasing his stock.
View original language description ↓
Luis Manuel se dedica a una pulpería. Hace más de 4 años, que tiene este medio de vida. Por lo que no es la primera vez que realiza financiamientos y se encuentra muy contento con este medio de vida. Inicio porque Luis no tenía un trabajo estable que le generara ingresos diarios, por lo que siempre se ha preocupado por mantener a su familia. El solicita este crédito para la compra de golosinas, refrescos, pan, galletas y granos básicos. Sueña con mejorar sus ingresos cada día más y agrandar su inventario.

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
  • 105
    View loans »
    Nicaragua Loans Fundraising
  • $24,828,400
    Funds lent in using Kiva
  • 22.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,050 helped Luis Manuel working capital.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 17, 2011
Listed
Feb 24, 2011
Currency Exchange Loss:
Possible
Ended:
Mar 22, 2012