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Juan Carlos
Juan Carlos has a business buying and selling bread. He’s had the business for over six years having started it because he needed to survive with his family. Despite how difficult it is for him every day, he’s a hardworking man who earns what’s necessary to provide for his family. He requests the loan to buy various types of bread, turnovers, cookies, etc.
View original language description ↓
Juan Carlos tiene su negocio que es la compra y venta de pan. Desde hace más de 6 años que tiene este negocio, lo inicio por la necesidad de sobrevivir con su familia. A pesar de lo difícil que le resulta todos los días es un hombre trabajador que gana lo necesario para poder proporcionárselo a su familia. Él solicita el crédito con el fin de comprar productos como semitas, picos, bollos, empanadas, rin, galletas entre otros.

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
  • 97
    View loans »
    Nicaragua Loans Fundraising
  • $24,384,275
    Funds lent in using Kiva
  • 22.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Juan Carlos to buy stock items for his bakery.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Oct 20, 2011
Listed
Oct 11, 2011
Currency Exchange Loss:
Possible
Ended:
Jan 19, 2013