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Carlos Noel
Carlos Noel, 54, is a clothes merchant. He’s had the business for ten years. Carlos is a man who loves commerce. He sells pants, sweaters, shirts, skirts, dresses and ladies’ outfits. He sells from home and sometimes goes out to sell these products. The reason for the loan request is to buy the items his customers are requesting. He works every day from 7am until 7pm because he’s always seeking ways to generate income.
View original language description ↓
Carlos Noel tiene 54 años su actividad es la compra y venta de ropa nueva. Desde hace 10 años que tiene este negocio, Carlos es un hombre que le encanta el comercio, el vende pantalones, sueteres, pantalones, camisas, faldas, vestidos y trajes para damas. Su forma de venta es en su vivienda y algunas veces que sale a ofrecer estos productos. Este el motivo por el cual realiza el crédito para la compra materia necesaria que le solicitan sus clientes. Trabaja todos los días desde las 7 de la mañana hasta las 7 de la noche, pues siempre busca el medio de generar ingresos.

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
  • 126
    View loans »
    Nicaragua Loans Fundraising
  • $24,597,675
    Funds lent in using Kiva
  • 22.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Carlos Noel to buy clothes.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Oct 27, 2011
Listed
Oct 14, 2011
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2012