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Jose Daniel
José Daniel, 57, has been repairing watches for over 34 years. Loans have helped him stay in business and he is very grateful.

Lack of employment opportunities motivated him to open a business of his own. He is grateful for the opportunity life gives him to move his wife and four children ahead. He envisions a better future for them.

José dreams with enlarging his business more each day so that he will be able to improve his and his family’s quality of life. To start doing so, he needs a loan that will make it possible for him to buy replacement parts: bands, pins and pliers, among others.
View original language description ↓
José Daniel tiene 57 años, su actividad es brindar el servicio de relojería. Hace más de 34 años que tiene este negocio, ha logrado sacarlo delante por medio de financiamientos y se siente muy agradecido. La falta de oportunidades laborales lo motivaron a hacerse de su propio negocio. Agradece la oportunidad que le da la vida de sacar adelante a su esposa y sus cuatro hijos para los que visualiza un mejor futuro. José sueña con agrandar su negocio cada día más y que le permita mejorar su calidad de vida y la de su familia y para empezar a hacerlo realidad necesita de un préstamo que le permita comprar repuestos, fajas, pin, pinzas 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

  • $4,800
    Average annual income
  • 71
    View loans »
    Nicaragua Loans Fundraising
  • $25,065,800
    Funds lent in using Kiva
  • 22.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Jose Daniel to buy spare parts.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
May 18, 2011
May 24, 2011
Currency Exchange Loss:
Oct 16, 2012