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Victor Manuel
Víctor Manuel is an entrepreneur who started his own business, which is the purchase and sale of livestock. He learned this business in an empirical manner, given that his father had the same type of enterprise. He is now in the same trade because he had to earn income to support his family and the household expenses. Víctor Manuel is requesting this loan to buy more livestock, and to realize the purchase and sale of the same.
View original language description ↓
Víctor Manuel es un emprendedor que inicio su propio negocio que es la venta y compra de ganado, este negocio lo aprendió de forma empírica ya que su papa se dedicaba a este negocio y ahora él se dedica al negocio además que tenía que generar ingresos a la familia para apoyar en los gastos del hogar. Víctor Manuel esta solicitando financiamiento para comprar más ganado y realizar las compra y venta de este mismo.

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
  • 122
    View loans »
    Nicaragua Loans Fundraising
  • $24,546,650
    Funds lent in using Kiva
  • 23.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Victor Manuel buy livestock.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 28, 2011
Listed
Jan 26, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2012