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Pedro Francisco
Pedro Francisco has two adult children. His economic activity is being a basic grains vendor. He goes out to different places to sell his products and this is how he managed to acquire many customers. Now, he’s asking for a loan that he’ll use as working capital to buy rice, beans, oil, corn and concentrate, among others. Pedro’s dream is to increase his business so that he can assure his family’s future.
View original language description ↓
Pedro Francisco tiene 2 hijos mayores de edad. Su actividad económica es la venta de granos básicos, de manera ambulante ya que sale a diferentes lugares para ofrecer sus productos, fue así de esta manera que pudo conseguir muchos clientes. Ahora está solicitando un financiamiento que será utilizado para capital de trabajo para la compra de arroz, frijoles, aceite, maíz, concentrado entre otros. Pedro tiene el sueño de incrementar su negocio para que el día de mañana esto le asegure el futuro a su familia.

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
  • 129
    View loans »
    Nicaragua Loans Fundraising
  • $24,581,200
    Funds lent in using Kiva
  • 22.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Pedro Francisco to buy rice, beans, oil, corn and concentrate, among others.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 27, 2011
Listed
Jun 12, 2011
Currency Exchange Loss:
Possible
Ended:
May 22, 2013