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Claudio Manuel
Claudio Daniel lives in Mariana Sampson neighborhood where he has a welding shop and also a business selling bicycle spare parts. He has been in this business for four years. At first he experienced some problems because he didn't offer many services owing to a lack of tools. However, over time his situation has improved.

Claudio has three children in his care who are 13, 5 and 5. He looks after them on a daily basis. Claudio is requesting this loan to buy tires, seats, chains, oil, ball bearings, sprays, etc. so that he can boost his business through which he is able to support his family.
View original language description ↓
Claudio Daniel vive en reparto Mariana Sampson en donde ofrece el servicio de taller de soldadura y venta de repuesto de bicicletas, el lleva 4 años en este negocio. Al inicio tuvo ciertos problemas pues no ofrecía muchos servicios porque no tenía suficiente herramientas, pero con el paso del tiempo ha mejorado. Claudio tiene 3 hijos bajo su cargo de 13, 5 y 5 años de edad respectivamente de quienes se encarga diariamente. El solicita un crédito para poder comprar llantas, asientos, cadenas, aceites, balineras, spray entre otros y así activar su negocio con la cual pueda mantener 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

  • $3,636
    Average annual income
  • 77
    View loans »
    Nicaragua Loans Fundraising
  • $23,621,150
    Funds lent in using Kiva
  • 22.4
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,050 helped Claudio Manuel to buy tires, seats, chains, oil, batteries, sprays, etc.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 30, 2011
Listed
Jul 9, 2011
Currency Exchange Loss:
Possible
Ended:
Aug 16, 2012