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Marvin Aristides
Marvin Arístides' business is selling clothes. He has a 2-year-old son in his care. The responsibility of being a self-sacrificing father has helped him move ahead in life. Marvin is currently requesting this loan to buy pants, shirts, skirts, suits and dresses as he is preparing for his peak season in December and plans to please his customers and sell a lot so that he can increase his profits.
View original language description ↓
Marvin Arístides se dedica a la venta de ropa, tiene 1 hijo de 2 años bajo su cargo, la responsabilidad de ser un padre abnegado han hecho que salga adelante. Actualmente solicita este crédito para la compra de pantalones, camisas, faldas, trajes y vestidos. pues se prepara para la alta temporada de Diciembre y planea complacer a sus clientes y vender mucho para aumentar sus utilidades.

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
  • 103
    View loans »
    Nicaragua Loans Fundraising
  • $24,731,150
    Funds lent in using Kiva
  • 22.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Marvin Aristides to buy pants, shirts, skirts, suits and dresses.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 24, 2011
Listed
Nov 4, 2011
Currency Exchange Loss:
Possible
Ended:
Jun 16, 2012