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Geronimo Bismarck
Gerónimo is a young man of 34 years. His occupation is offering metallurgical and professional services. For over 4 years he has led this way of life. Gerónimo has 2 young children in his care, and with a lot of effort and sacrifice he has been able to provide them with the necessities. The loan he requests is to buy grinders, rectifiers, compressors, tin, and lead, among other things. One of his major challenges is that the price of each material is always increasing, but with the help of the loans he has been able to make purchases and continue with his business.
View original language description ↓
Gerónimo es un joven de 34 años, su actividad es ofrecer los servicios de metalurgia y servicios profesionales. Hace más de 4 años que tiene este medio de vida Gerónimo tiene 2 hijos menores de edad a su cargo, que con mucho esfuerzo y sacrificio les ha proporcionado lo necesario. El financiamiento que está solicitando es para la compra de amoladoras, rectificadores, compresores, estaño, plomo, entre otros. Uno de sus mayores desafíos es que cada el precio de la materia prima está más cara, pero con la ayuda de los financiamientos es que ha podido comprar para seguir con su actividad.

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
  • 95
    View loans »
    Nicaragua Loans Fundraising
  • $24,753,075
    Funds lent in using Kiva
  • 22.6
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $950 helped Geronimo Bismarck to buy grinders, rectifiers, compressors, tin, and lead, among other things.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 22, 2011
Listed
Aug 27, 2011
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2012