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Eddy Pantaleon

Update on Eddy Pantaleon

Eddy, 45, works butchering pigs and selling pork. He has had previous credit with Fundación León 2000 and has shown himself to be a responsible person with a very good credit history. He used his previous loan to stock up on pigs and he explains to us that with the support he’s gotten he’s been able to get more pigs and more customers. He is currently asking for a loan to buy pigs to have available for his customers.
View original language description ↓
Eddy tiene 45 años, su actividad es la venta y destace de cerdo, el ya ha tenido crédito con Fundación León 2000 y demostrado ser una persona responsable y con un record crediticio muy bueno, el con el crédito anterior se abasteció de cerdos y nos explica que con el apoyo que le han brindado ha permitido tener más cerdos y más clientes. Actualmente esta solicitando crédito para comprar cerdos y poder brindarle a su clientes.

Previous Loan Details

Eddy is a 45-year-old man who sells hogs for a living. He is a responsible person who enjoys every minute of his job. He started this business over 12 years ago, and he is always attentive to the demands of his customers. Every day, he has to wake up early in order to visit the different regions ... More from Eddy Pantaleon's previous loan »

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).

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About Nicaragua

  • $4,800
    Average annual income
  • 131
    View loans »
    Nicaragua Loans Fundraising
  • $24,575,325
    Funds lent in using Kiva
  • 23.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Eddy Pantaleon to buy pigs.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 6, 2011
Listed
Jan 8, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 16, 2012
This photo was used before for a previous loan for Eddy Pantaleon. It was first posted on Kiva on Mar, 2011. Learn More