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Fermin Antonio
Fermín Antonio is 50 years old, lives with his wife, and has two adult children. At a very young age, he started working by selling bricks. He enjoys his work very much. As time passed, Fermín expanded his customer base who now request different products. His goals for the future include buying a vehicle for transporting the bricks that have been ordered.


Fermín plans to invest the loan he requested in the purchase of sand, equipment, firewood, and other items in hopes of getting ahead.

View original language description ↓
Fermín Antonio tiene 50 años vive con su esposa, tienen dos hijos que son mayores de edad. Desde muy joven empezó a trabajar como es la venta de ladrillos, le gusta mucho su trabajo, con el paso del tiempo ha podido ampliar su clientela que le solicitan diferentes productos, en sus metas para el futuro tiene planeado comprar un medio de transporte para llevar las mercancías que le solicitan. Fermín tiene pensado invertir el crédito solicitado en la compra de arena, herramientas, leña, entre otros productos de esta manera espera salir adelante.

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
  • 74
    View loans »
    Nicaragua Loans Fundraising
  • $23,416,850
    Funds lent in using Kiva
  • 22.2
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Fermin Antonio to purchase sand, equipment, firewood, and other items.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 30, 2011
Listed
Apr 14, 2011
Currency Exchange Loss:
Possible
Ended:
Mar 22, 2012