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Benjamin
Benjamin is 55, single has a 9 year old son, he is from the department of Chinandega el Viejo; place known for its traditional fishing technique activity, business that he's had for 15 years.
His business involves fishing all types of seafood such as lobster, fish of exporting quality and the product he gets he sells to the distributors in the area who export it. He learned his business from his dad who also works in this activity. He needs the loan to buy fishing equipment and renew what he already has. Benjamin is thankful for the help that Kiva investors give to people with limited resources in poor countries like Nicaragua so that they can have a dignified way to live.
View original language description ↓
Benjamín de 55 anos de edad, soltero con un hijo de 9 anos de edad, del departamento de Chinandega el Viejo lugar que se caracteriza por la pesca tiene por actividad económica el servicio de pesca artesanal, en el cual tiene 15 anos de tener dicho negocio. El negocio consiste en pescar todo tipo de marisco en general como langosta, pescado de exportación y blanco el producto que pesca se lo vende a los acopiadores de la zona para la exportación. El negocio lo aprendió del papa el cual se dedica a dicha actividad. El financiamiento lo necesita para comprar equipo de pesca y renovar los existentes. Benjamín agradece la ayuda que los inversionistas kiva le brindan a personas de escasos recursos y países pobre como es Nicaragua para tener un medio de vida 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
  • 145
    View loans »
    Nicaragua Loans Fundraising
  • $24,094,725
    Funds lent in using Kiva
  • 24.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Benjamin to buy fishing equipment such as nets.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 23, 2012
Listed
Nov 19, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014