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Manuel Antonio
Manuel Antonio is a hardworking man of 62 who began his business with just a handful of products. He chose this line of work because he was unemployed and he needed to generate some income to cover his living costs. He works every day from 7am til 6pm selling fruit and vegetables. Manuel Antonio will use this loan to purchase melons, watermelons, bananas, oranges, squash and avocados.
View original language description ↓
Manuel Antonio de 62 años, es un hombre trabajador que inicio su negocio con pocos productos el escogió es actividad porque estaba desempleado y necesitaba generar ingresos a su hogar. En la actualidad trabaja todos los días desde las 7 de la mañana hasta las 6 de la tarde su negocio consiste en la venta de frutas y verduras. Este crédito es para la compra de melones, sandias, bananos, naranjas, pipianes, aguacate entre otros.

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
  • 65
    View loans »
    Nicaragua Loans Fundraising
  • $23,480,375
    Funds lent in using Kiva
  • 22.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Manuel Antonio to purchase melons, watermelons, bananas, oranges, squash and avocados.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 11, 2011
Listed
May 21, 2011
Currency Exchange Loss:
Possible
Ended:
Oct 18, 2011