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Marcos Sergio
Marco Sergio has had his business, which is providing taxi services, for two years. He is a driver. He used to work in the United States and used the money he got from working there for so long to buy himself this means of transportation which is a bus. He needs the loan to buy tires, headlights and to do some engine repairs. His determination to work daily to provide necessary income for his family has led to the improvement of his business.
View original language description ↓
Marco Sergio tiene 2 años con su negocio que es brindar el servicio de taxi. El señor es conductor estuvo trabajando en estados unidos, con el dinero que obtuvo de trabajar todo ese tiempo allá logro comprar este medio de transporte que es un camión. El financiamiento que solicita es para la compra de llantas, focos y realizarle ciertas mejoras al motor. Las fuerzas que tiene que sacar todos los días por brindarle a su familia los ingresos necesarios han hacho que su negocio mejore.

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
  • 174
    View loans »
    Nicaragua Loans Fundraising
  • $23,219,625
    Funds lent in using Kiva
  • 22.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Marcos Sergio to buy tires, headlights and to do certain engine repairs.
100% repaid
Repayment Term
16 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 29, 2011
Listed
Sep 23, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 18, 2013