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Jorge Alberto
Jorge Alberto is 57 years old, married, and sells dairy products for work. He has eight years of experience in the business, and distributes as a street vendor. He began this work with his small income as a worker and learned it from his wife. Today his demand has increased as he has many customers and offers a variety of quality products. He wants the funding to invest in dairy products like milk, cheese, and curd, which he sells by the pound. At present he is thankful for Leon 2000 and the Kiva program for the help they are giving him with the funding in order to be able to work, get his family ahead, and improve their lifestyle.
View original language description ↓
Jorge Alberto de 57 años de edad, casado tiene por actividad ecomomica la venta de productos lacteos, tiene 8 años de experiencia en el negocio, el cual lo distribuye de forma ambulante, actividad ecomomica que inicio con un poco de ingresos propio como obrero y lo aprendio de la esposa , hoy en dia ha crecido en demanda ya que tiene mucha cliente y ofrece varidad y calidad de productos, el fiananciamiento lo quiere para invertir en productos lacteos como: leche, queso, cuajada la cual la vende pro libra. En la actualidad da gracias a leon 2000 y programa kiva por la ayuda que le brindan con los financiamiento para poder trabajar y sacar adelante a su familia y mejorar sus condiciones de vida.

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
  • 174
    View loans »
    Nicaragua Loans Fundraising
  • $23,230,250
    Funds lent in using Kiva
  • 23.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Jorge Alberto to buy dairy products like milk, cheese, and curd.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 25, 2012
Listed
Jul 9, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 18, 2013