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Francisco Jose
This entrepreneurial father is called Francisco, and his business is the sale of ice. He started this business more than three years ago. He has had problems because sometimes the energy supply is not very stable and his products get damaged, but he has a vacuum thermos where he can save some of his products. The reason for this loan is for the purchase of thermoses and bags, he also has to conduct maintenance on his freezer.
View original language description ↓
Este padre emprendedor se llama Francisco, su actividad es la venta de hielo actividad que inicio hace mas de 3 años, a pesar de que ha tenido problemas ya que algunas veces la energía no es muy estable y sus productos se dañan. Pero tiene un termo en donde puede guardar una parte de sus productos. El motivo del crédito es para la compra de termos, bolsas, además tiene que proporcionarle mantenimiento a su frezer.

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
  • 61
    View loans »
    Nicaragua Loans Fundraising
  • $23,461,725
    Funds lent in using Kiva
  • 22.4
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Francisco Jose to purchase vacuum thermoses and bags, he also has to conduct maintenance on his freezer.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 6, 2011
Listed
Jun 17, 2011
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2012