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Jose Lenin
José Lenin, 58, owns a funeral services and coffin manufacturing business. He has owned the business for several years and he knows what it takes to operate a successful business. He will use this loan to buy wood, glue, fabric, nails and other supplies that he needs to support the business. The investment will provide him a way to increase his income.
View original language description ↓
José Lenin de 58 años, se dedica a brindar servicios funerarios y a la elaboración de ataúdes, él ya tiene varios años de experiencia en esta actividad y durante este tiempo ha llegado a conocer mucho sobre el manejo de su negocio. El motivo del crédito es para la compra de madera, pega, tela, clavos, entre otros productos. De esta manera obtendrá un buen medio ingreso para lograr su objetivo.

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
  • 63
    View loans »
    Nicaragua Loans Fundraising
  • $23,461,725
    Funds lent in using Kiva
  • 22.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Jose Lenin to fund his funeral services and coffin manufacturing business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 19, 2011
Listed
Oct 31, 2011
Currency Exchange Loss:
Possible
Ended:
Mar 22, 2012