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Jose Gabriel
José Gabriel is 59 years old. He has learned to make a living by offering his services as a welder. He has been making his living in this business for more than 22 years. When he first started, he was very young and worked in a workshop. He has decided to set up his own business. The loan that he is requesting is for the purchase of solder, an electric soldering iron, a gas welding torch with cartridges and other items. José Gabriel's wish is to have his own work place.
View original language description ↓
José Gabriel tiene 59 años, el ha sabido ganarse la vida por lo que su actividad económica es brindar el servicio de soldador. Hace más de 22 años que se dedica a este negocio, ya que cuando el inicio fue desde muy joven que empezó en un taller y decide establecer su propio negocio. El financiamiento que solicita es para la compra de estaño, soldador eléctrico, soplete con cartuchos y otros. Su deseo es tener su propio lugar de trabajo.

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
  • 122
    View loans »
    Nicaragua Loans Fundraising
  • $24,036,450
    Funds lent in using Kiva
  • 22.4
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,050 helped Jose Gabriel to purchase a solder, an electric soldering iron, a gas welding torch with cartridges and other items.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 15, 2011
Listed
Jul 6, 2011
Currency Exchange Loss:
Possible
Ended:
Oct 16, 2012