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Jesus Antonio

Update on Jesus Antonio

Jesús Antonio is 49 years old, single and does not have children. He is from Chinandega department, a place located in the western part of the country. Jesús Antonio's work is selling fast food such as hot dogs, sandwiches, hamburgers, and other items.

His business is located in his home, and he is also a street vendor. He has been doing this work for eight years. His business came about as a work initiative so that he could help with the household expenses.

He needs the loan to invest in products such as bread, salsa, lettuce, cold cuts, cheese, pickles and mustard. Jesús Antonio is grateful for the help that the Kiva investors offer to low-income people and to poor countries such as Nicaragua, so that people can have a decent livelihood.
View original language description ↓
Jesús Antonio de 49 anos de edad, soltero sin hijos. Del departamento de Chinandega. Lugar que esta ubicado en la zona de occidente del país. Jesús Antonio tiene por actividad económica la venta de comida rápida como: hot-dog, sanwis, hamburguesas, entre otros. Lo tiene ubicado de en su casa de habitación y de forma ambulante. Desde hace 8 anos que se dedica a dicha actividad. El negocio surgió como una iniciativa de trabajo para tener un ingresos para ayudar con los gasto de su casa. El financiamiento lo necesita para invertir en productos como pan. Salsa, lechugas, mortadela, queso, pepinillo, mostaza. Jesús Antonio agradece la ayuda que los inversionistas kiva le brindan a personas de escasos recursos y países pobre como es Nicaragua par tener un medio de trabajo digno.

Previous Loan Details

Jesús Antonio, 48, is a father living with his wife. He sells hotdogs and soft drinks. He’s been in this line of work for over nine years because his location is very favorable since it’s located at a health center where people from there come by to buy from him. He gained experience because h... More from Jesus Antonio's previous loan »

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).

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About Nicaragua

  • $4,800
    Average annual income
  • 103
    View loans »
    Nicaragua Loans Fundraising
  • $24,823,475
    Funds lent in using Kiva
  • 24.0
    Nicaragua Cordobas (NIO) = $1 USD
Expired
A loan of $675 helped Jesus Antonio to buy ingredients for making fast food such as hot dogs, sandwiches and hamburgers, as well as to invest in working capital.
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 18, 2012
Listed
Nov 14, 2012
Currency Exchange Loss:
Possible
Expired:
Dec 14, 2012