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Juan Bautista
Sr. Juan Bautista, 56, drives a taxi for a living. He works from 7 in the morning until 8 at night. The business is called La Reynaga. Juan is responsible for ferrying customers around from place to place. His income from driving a taxi has supported him for more than 12 years now and he's slowly managed to improve his life and the lives of his family. He will use this loan to buy tires, pay for vehicle maintenance, new headlights and a new gearbox, etc. He wants to expand his business so that he can get ahead in the world.
View original language description ↓
El Señor Juan Bautista tiene 56 años. Su actividad económica es brindar el servicio de transporte. Su actividad empieza a las 7 de la mañana hasta las 8 de la noche, el lugar se llama la reynaga, Juan es quien se encarga de transportar a todos sus clientes a las diferentes comarcas. Tiene más de 12 años de tener este negocio, ha sido poco a poco que ha logrado mejorar las condiciones de vida de él y su familia. El financiamiento que actualmente solicita es para la compra de llantas, mantenimiento de su camión, focos, caja de cambios entre otros. su deseo es expandir su negocio para salir adelante.

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
  • 124
    View loans »
    Nicaragua Loans Fundraising
  • $24,557,075
    Funds lent in using Kiva
  • 22.4
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Juan Bautista to pay for vehicle maintenance for his taxi business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 7, 2011
Listed
Jun 18, 2011
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2012