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Eusebio Luis
Luis is an entrepreneur who started his own bicycle shop business where he offers very good quality and service. This is why his customers come to him. He has worked since he was very young to help support the family with the household expenses. He taught himself this business as he wasn't employed and needed to generate some income. He likes this business and works with dedication so his customers come back. Luis is requesting a loan to buy a variety of bicycle parts to offer his customers.
View original language description ↓
Luis es un emprendedor que inicio su propio su negocio que es un taller de bicicleta en el cual el servicio y la calidad que brinda es muy bueno por que sus clientes lo visita, él desde muy joven trabaja para apoyar a su familia en los gastos del hogar. Este negocio lo prende de forma empírica y por la necesidad de generar ingresos y la falta de empleo pero le gusta su negocio y lo realiza con dedicación para que sus clientes lo visiten nuevamente. Luis está solicitando financiamiento para comprar variedad de repuestos de bicicleta y ofrecerle a sus cliente.

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
  • 70
    View loans »
    Nicaragua Loans Fundraising
  • $23,505,525
    Funds lent in using Kiva
  • 23.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Eusebio Luis buy a variety of bicycle parts.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 21, 2011
Listed
Jan 23, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 18, 2013