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Cleto Marcelino
Cleto Marcelino is 70 years old. His business is making and selling tortillas. He has been looking for a way to support his family for more than 20 years. Cleto is an entrepreneurial man. He is his own boss and he wakes up early every morning so that he can offer warm tortillas to his customers. He would like this loan to buy corn, bags, firewood, lime and a 'comal' (special pan for making tortillas). He pledges to make his repayments in full and on time.
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Cleto Marcelino 70 años, su actividad es la venta y elaboración de tortillas. Hace más de 20 año que busca la manera de mantener a su familia. Don Cleto es un hombre emprendedor, el es su propio jefe de su negocio pues se levanta todos los días temprano para ofrecer sus tortillas caliente a sus clientes. el desea el préstamo para invertir en la compra maíz, bolsas, leña, cal y comal. Por lo que se compromete a pagar sus cuotas en tiempo y forma.

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
  • 81
    View loans »
    Nicaragua Loans Fundraising
  • $25,384,750
    Funds lent in using Kiva
  • 22.6
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Cleto Marcelino to buy corn, bags, firewood, lime and a 'comal' (special pan for making tortillas).
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Aug 24, 2011
Sep 14, 2011
Currency Exchange Loss:
Aug 18, 2013