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Mauricio Francisco
Mauricio Francisco is 62 years old and his activity is a grocery store. He’s been in business over four years. It arose as an alternative source of income for his home. He has two children who work independently.

Most of his customers come to buy the various products he stocks like: basic grains, snacks, soft drinks, juices, matches, salt and products for the home. Because of this he’s asking for this loan to buy said merchandise.

He dreams with continuing to grow in his business and increasing inventory every day.
View original language description ↓
Mauricio Francisco tiene 62 años, su actividad que es una pulpería. Tiene más de 4 años en su negocio, surge como una fuente alternativa de ingresos para su hogar tiene 2 hijos que trabajan de manera independiente. La mayoría de sus clientes llegan a comprar los diferentes productos que ofrece como es granos básicos, golosinas, refrescos, jugos, fósforos, sal y productos para el hogar, espor este motivo que solicita este credito para la compra de estos prodcutos. Sueña con seguir creciendo con su negocio y aumentar su inventario cada día.

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
  • 127
    View loans »
    Nicaragua Loans Fundraising
  • $24,035,950
    Funds lent in using Kiva
  • 22.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Mauricio Francisco to buy stock items for his store.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 23, 2011
Listed
Jul 16, 2011
Currency Exchange Loss:
Possible
Ended:
Jan 19, 2013