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Jorge Antonio
Jorge Antonio is 44 years old. His business is a bar and eatery. He has had his business for more than 4 years. It is currently at a point where it is busy with lots of customers. He started the business with his wife with the aim of creating income for his home, as he has 3 children to support. He gets up very early to make his purchases of basic grains, sugar, oil, fruits, vegetables and plastic bags. The loan is for the purchase of raw materials. Jorge's dream is to expand his business.
View original language description ↓
Jorge Antonio tiene 44 años, su actividad es un bar y comedor. Hace más de 4 años que lo tiene, el local se encuentra en un punto en donde es transitado por muchos clientes pues él lo inicio con su compañera de vida con el objetivo de buscar ingresos para su hogar, por lo que tiene 3 hijos a su cargo el se levanta muy temprano para realizar las compras de los granos básicos, azúcar, aceite, frutas, verduras y bolsas plásticas. El financiamiento es para comprar materia prima. El sueño de Jorge es ampliar su negocio.

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
  • 115
    View loans »
    Nicaragua Loans Fundraising
  • $23,803,650
    Funds lent in using Kiva
  • 22.4
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Jorge Antonio to purchase basic grains, sugar, oil, fruits, vegetables and plastic bags.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 14, 2011
Listed
Jun 20, 2011
Currency Exchange Loss:
Possible
Ended:
Jun 16, 2012