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Mario Jeronimo
Mario Jerónimo is 65 years old and provides watch repair services. He has been in this business for more than 20 years. Mario started earning his living in this manner because he previously worked at a shop where a friend taught him this trade. Once he learned the necessary skills after some time had passed, Mario established his own business.

This loan will be used to buy batteries, spare parts, needles, belts, pins, oil, and other supplies. His goal for obtaining this loan is to improve his earnings and expand his workshop at the same time.
View original language description ↓
Mario Jerónimo tiene 65 años, su actividad es brindar el servicio de relojería. Desde hace mas de 20 años que tiene este negocio, el inicio este medio de vida porque anteriormente estaba en un taller y su amigo le enseño este negocio, fue con el paso de tiempo que Mario logro aprender y establecer su propio negocio. El motivo del crédito es para la compra de baterías, repuestos, agujas, fajas, pin, aceites entre otros. El objetivo del préstamo es para mejorar sus ganancias y al mismo tiempo ampliar su local.

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
  • 74
    View loans »
    Nicaragua Loans Fundraising
  • $23,621,150
    Funds lent in using Kiva
  • 22.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Mario Jeronimo to buy batteries, spare parts, needles, belts, pins, oil, and other supplies.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 16, 2011
Listed
Nov 28, 2011
Currency Exchange Loss:
Possible
Ended:
Aug 16, 2012