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Alberto Lenin
Alberto Lenin, age 28, is married and has one minor child. Alberto is a very hard-working and responsible man who is devoted to his family.

His business activity is selling party items. He has seven years of experience in the business. His business consists of selling items like ribbons, piñatas, disposable glasses, puzzles, scalloped trim, balloons, and commemorative items for piñatas and communions.

Alberto has always demonstrated his responsibility for paying on time. The business emerged with a bit of personal savings and out of the need to have a source of work in order to be able to survive with his family.

He currently needs the loan to invest in work capital and stock up on various products. This will give his customers better service, and it will improve his income. Alberto Lenin is grateful for the help that Kiva lenders give to people with scarce resources in poor countries like Nicaragua so that they can have sources of decent work.
View original language description ↓
Alberto Lenin de 28 anos de edad, casado con 1 hijo menor de edad, Alberto es un hombre muy trabajador, dedicado a su familia, responsable. Él tiene por actividad económica la venta de bisutería, o articulos para fiestas. Anos de experiencia en el negocio siete anos. Negocio que consisten en vender artículos como cintas, piñatas, vasos descartables, rompecabezas, festones, globos, recordatorio para piñatas, para comuniones. Alberto siempre ha demostrado su responsabilidad de pago en tiempo y forma. El negocio surgió con un poco de ahorro personales y por la necesidad de tener una fuente de trabajo para poder sobrevivir con su familia. En la actualidad el necesita el financiamiento para invertir en capital de trabajo y surtir con productos varios para brindarle mejor servicio a sus clientes, y mejorar sus ingresos. Alberto Lenin agradece la ayuda que le brindan los inversionista kiva a personas de escasos recurso y países pobre como es Nicaragua para tener fuentes de trabajo digno.

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
  • 111
    View loans »
    Nicaragua Loans Fundraising
  • $24,398,000
    Funds lent in using Kiva
  • 23.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,275 helped Alberto Lenin to stock his business with party supplies.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 11, 2012
Listed
Oct 14, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013