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Rommel David
Roomel David is married with two children, ages 7 and 14. For the last ten years he has owned and operated a jewelry making business. After working for another jeweler years ago, Roomel David saved his earnings and bought a spot for his own shop in the central market where he can create and sell his jewelry. The loan proceeds will be used to buy additional materials to make more products to sell.

Roomel David’s dream is to construct a house on a piece of land he already owns and to provide a bright future for his children.

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
  • 116
    View loans »
    Nicaragua Loans Fundraising
  • $23,803,650
    Funds lent in using Kiva
  • 22.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Rommel David to buy additional materials to make more products to sell.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 27, 2011
Listed
May 31, 2011
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2012