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Tomas Victorino
Tomas Victorino is 54, married, and has two minor children. He has as his business a lathe and welding workshop, and has had the business for 21 years. He started it with his own savings that he had from his previous job as a lathe and cylinder head technician.

Now this entrepreneur has demonstrated responsibility and quality of service that has allowed him to increase his clientele. He services the general public as well as private companies, state enterprises, area farmers and the transport sector in general.

Tomas has stated that the loans have improved his earnings by enabling him to invest in raw material for his workshop. That way he doesn't delay customer jobs and maintains his sales and earnings. His goals and dreams are to build a house for his children.

He needs the loan to buy material such as sheet metal, welding rods, oxygen tank, presses, screwdrivers, drills and other items.
View original language description ↓
El Sr. Tomas Victorino de 54 años de edad, casado con dos hijos menores de edad, tiene su actividad económica un taller de torno y soldadura el cual tiene 21 años de tener el negocio, el inicio con ahorro propios que tenia del trabajo anterior como técnico en torno y rectificación de culatas. En la actualidad este emprendedor ha demostrado responsabilidad , calidad de servicio lo que le ha permito aumentar su clientela servicio que le presta a la población en general como son empresas privadas, estatales , agricultores de la zona y transportista en general Tomas ha manifestado que los prestamos le han mejorado sus ganancias por la inversión de materia prima para su taller de esa forma el no atrasos los trabajo de mis clientes y de esta manera mantiene sus venta y sus ganancias, su sueños y su metas es poder construir una propiedad para sus hijos. El financiamiento lo necesita para comprar material como: laminas, varilla de soldar, tanque de oxigeno, prensas, desarmadores, taladros. Entre otros.

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
  • 127
    View loans »
    Nicaragua Loans Fundraising
  • $23,820,300
    Funds lent in using Kiva
  • 23.3
    Nicaragua Cordobas (NIO) = $1 USD
Expired
A loan of $1,300 helped Tomas Victorino to buy sheet metal, welding rods, oxygen tank, presses, screwdrivers, drills and other items.
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 30, 2012
Listed
May 31, 2012
Currency Exchange Loss:
Possible
Expired:
Jun 30, 2012