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Cesar Augusto
Cesar Augusto has had a business selling plastic products for over two years. He started it out of need, as he was unable to work in his profession. One of his greatest challenges is obtaining daily sales since sometimes he does not make much money. For this reason he has to walk around under the sun in search of customers. His dream is to be able to have a store where he can better receive his customers. This loan is for the purchase of bags, disposable plates, spoons, cups.
View original language description ↓
Cesar Augusto tiene su negocio que es la venta de productos plásticos. Hace más de dos años, inicio por la necesidad de no poder trabajar en su profesión, uno de sus mayores desafíos obtener ventas diariamente ya que algunas veces no obtienes muchas ganancias, por lo que cesar tiene que andar bajo sol buscando a sus clientes. El sueño de cesar es poder tener un local en donde pueda recibir mejor a sus clientes. El préstamo es para la compra de bolsa, platos desechables, cucharas, vasos.

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
  • 90
    View loans »
    Nicaragua Loans Fundraising
  • $24,741,875
    Funds lent in using Kiva
  • 22.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Cesar Augusto to purchase bags, disposable plates, spoons, cups.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 27, 2011
Listed
Aug 20, 2011
Currency Exchange Loss:
Possible
Ended:
Aug 16, 2012