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Jimmy Jose
Jimmy José is 37 and runs a local store. Mr. Jimmy started his business two years ago. His wife motivated him to start a small business in order to make a second income; he works for a company and used part of this salary to start his business. His greatest challenge is to stay competitive with the other businesses. He is also a baker and knows how to make all types of pastries. He sells these in his store and also delivers to customers. The loan that he is now requesting is for the purchase of rice, beans, oil, candy, pop, juice, matches and salt.
View original language description ↓
Jimmy José tiene 37 años, su actividad es una pulpería. El señor Jimmy inició su negocio hace dos años, su esposa lo motivó a que dieran inicio a un pequeño negocio para obtener otros ingresos ya que él trabaja en una empresa y con parte del salario de su empleo dio comienzo al negocio, su mayor desafío es mantenerse en competencia con los otros negocios, el también es panadero y sabe hacer todo tipo de repostería y estas las pone a la venta en su negocio y también encargos que le realizan sus clientes. el financiamiento que actualmente solicita es para la compra de arroz, frijoles, aceite, golosinas, refrescos, jugos, fósforos y sal.

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
  • 122
    View loans »
    Nicaragua Loans Fundraising
  • $24,546,650
    Funds lent in using Kiva
  • 22.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Jimmy Jose to purchase rice, beans, oil, candy, pop, juice, matches and salt.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 1, 2011
Listed
Jul 19, 2011
Currency Exchange Loss:
Possible
Ended:
Mar 21, 2013