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Exalashasman
Exalashasman has had a grocery store for over three years. The hard work he does daily has allowed him to earn family income every day. He started the business because he did not have a steady job and needed to provide income for he has two children in his care. Most of his customers come by the store because of the good service he provides. The reason for the loan is to buy basic grains, snacks, detergent, soup, canned goods and creams.
View original language description ↓
Exalashasman tiene una pulpería desde hace más 3 años, el arduo esfuerzo que realiza diariamente ha hecho que el ofrezca a su familia ingresos diariamente. Inicio esta actividad porque no tenía un trabajo estable y necesitaba proporcionar ingresos él tiene 2 hijos menores de edad a su cargo. La mayoría de sus clientes recorren a su negocio por el buen servicio que ofrece. El motivo del crédito es para la compra de granos básicos, golosinas, detergentes, sopas, enlatados y cremas.

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
  • 68
    View loans »
    Nicaragua Loans Fundraising
  • $23,621,150
    Funds lent in using Kiva
  • 22.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Exalashasman to buy stock merchandise for his store.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 5, 2011
Listed
Oct 24, 2011
Currency Exchange Loss:
Possible
Ended:
Oct 16, 2012