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Jose Salomon
Jose Salomón, 43, is married with four children of whom two of them depend on him financially because they are in school. He has for a business activity a tailoring business which consists of making clothing (pants, suits, employee and school uniforms). He has had the business for 26 years and it is located in his own home. Jose Salomón has been characterized as a responsible man in both his personal and work affairs, a fighter, with the desire to get ahead in order to achieve his goals and objectives such as professional training for his children. Since he was not able to study for a career as a child due to his parents' lack of resources he had to learn a trade in order to get ahead, a trade which has been of great help to him these days. Above all he likes what he does since it makes him useful to society and is his tool for getting ahead with his family.

Jose Salomón needs the loan in order to meet customer demand. The products he needs to purchase are the following: cloth, thread, needles, scissors, and bobbins among other items.
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Jose Salomón de 43 años, casado, con 4 hijos de los cuales 2 dependen económicamente de el porque están estudiando tiene por actividad económica una sastrería, lo cual consiste en la elaboración de prendas (pantalones, trajes de sacos, uniformes de empresas, uniformes de colegios, el negocio lo tiene desde hace 26 años. esta ubicado en su casa de habitación. Jose Salomón se ha caracterizado por un hombre muy responsable en lo personal y de trabajo, luchador, con ganas de salir adelante par cumplir sus metas y objetivos como es forma profesionalmente a sus hijos. Ya que el por falta de recursos de sus padre cuando era un nino no pudo estudiar una carrera , y se vio en la necesidad de aprender un oficio para salir adelante, oficio que hoy en día le ha sido de gran ayuda, y sobre todo le gusta lo que hace, ya que lo hace ser una persona útil a al sociedad, ademas es su herramienta de trabajo para salir adelante con su familia. Jose Salomón necesita el financiamiento para poder cumplir con la demanda de sus clientes, los productos que necesita comprar son los siguientes: telas, hilos, agujas, tijeras, carretes, 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
  • 70
    View loans »
    Nicaragua Loans Fundraising
  • $23,441,425
    Funds lent in using Kiva
  • 23.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,075 helped Jose Salomon to purchase work materials for his tailor shop such as cloth, thread, needles, scissors, and bobbins among other items.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 1, 2012
Listed
Sep 9, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2013