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Santiago
Santiago, 54 years old, is from the municipality of Chichigalpa and has 3 minor children. For 4 years, he has sold various products. His business consists of the sale of pigs, hens, sweet breads, and confectionery. He is a street vendor, and the work came about due to the need to have an income in order to defray his family's costs. Currently he is asking for the loan in order to invest capital in his business.
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Santiago de 54 años de edad, del municipio de chichigalpa con 3 hijos menores de edad, tiene por actividad la venta de productos varios desde hace 4 años que se dedica a dicha actividad el negocio consiste en la venta de : cerdos, gallinas, pan dulce y repostería, el negocio lo distribuye de forma ambulante, herramienta de trabajo que surgió por la necesidad de tener un ingreso para sufragar gastos de su familia, en la actualidad el está solicitando el financiamiento para invertir el capital en el negocio.

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
  • 141
    View loans »
    Nicaragua Loans Fundraising
  • $24,080,875
    Funds lent in using Kiva
  • 23.5
    Nicaragua Cordobas (NIO) = $1 USD
Expired
A loan of $525 helped Santiago to purchase pigs, hens, sweet bread, and confectionery.
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 3, 2012
Listed
Jul 12, 2012
Currency Exchange Loss:
Possible
Expired:
Aug 11, 2012