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Luis Arturo
Luis Arturo has demonstrated his willingness to make his payments and treating his customers well. Luis dedicates himself to selling cosmetics. He works from 7 am until 9 pm, as he sometimes has to deliver orders placed by customers. He works very hard each and every day to generate the necessary income to support his family.

The funds from the loan will be used to buy lipstick, nail polish, eye shadow, blush, foundation, eyeliner, and brushes, among other items. He has made many sacrifices to obtain a higher standard of living. The greatest dream Luis has is for his family to have stability.
View original language description ↓
Luis Arturo ha demostrado buena voluntad de pago y un trato amable a sus clientes. Luis se dedica a la venta de cosméticos, empieza su labor al rededor de las 7 de la mañana hasta las 9 de la noche, pues algunas veces tiene que entregar ciertos pedidos que sus clientes le realizan, el trabaja arduamente diariamente para proporcionarle a su familia los ingresos necesarios. El dinero del crédito es para la compra de pintura de labios, pintura de uñas, brillos, sombras, base, lápiz de ojos, brochas entre otras cosas. Es sacrificado el esfuerzo que el realiza para tener mejores condiciones de vida. El mayor sueño Luis es que su familia pueda tener un patrimonio estable.

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
  • 125
    View loans »
    Nicaragua Loans Fundraising
  • $24,591,700
    Funds lent in using Kiva
  • 22.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,125 helped Luis Arturo buy lipstick, nail polish, eye shadow, blush, foundation, eye liners, brushes and other items for his cosmetics sales business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 9, 2011
Listed
May 21, 2011
Currency Exchange Loss:
Possible
Ended:
Jun 16, 2012