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Jairo Ramon
Jairo Ramón, 30, is married and has two children who are 5 and 1 years old. He’s from Chinandega Department, a place located in the western part of the country. Jairo’s economic activity is a home-based ‘pulpería’ he’s had for 7 years. A pulpería is a store that sells small amounts of basic staples like packets of coffee, packets of shampoo, packets of tomato sauce, juices, bread, milk, rice, beans, sugar, natural beverages, herbal tea, milk curd, cream and pasta. The business arose by his own efforts and with some savings he had because he needed to have a business to cover household expenses since sources of steady employment do not exist. He needs the loan to invest in working capital to stock his store and offer better service. In future, his dream is to build his bedroom and to finish plastering the house. Jairo is grateful for the support Kiva lenders provide people of scarce resources and to poor countries like Nicaragua so they can have a dignified way to earn a living.
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Jairo Ramón de 30 anos de edad, casado con dos hijos de 5,1 anos. Del departamento de Chinandega lugar que esta ubicado en la zona de occidente del país. Jairo tiene por actividad económica una pulpería ubicado en su casa de habitación desde hace 7 anos que se dedica a esta actividad. una pulpería es una tienda que vende en pequeñas cantidades productos de consumo diario como sobre de café, sobre se shampoo, sobre de salsa de tomate, jugos, pan, leche, arroz, frijoles, azúcar, frescos naturales, tiste, cuajada, crema, pastas. El negocio surgió con esfuerzos propios y un poco de ahorro propio, por la necesidad de tener un ingreso para los gastos de la casa, ya que no hay fuentes de trabajo fijo. El financiamiento lo necesita para invertir en capital de trabajo y surtir su negocio para ofrecer mejor servicio. En un futuro su sueno es construir su dormitorio y terminar de repellar la casa. Jairo agradece la ayuda que los inversionistas kiva les brindan a personas de escasos recursos y países pobre como es Nicaragua para tener un medio 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
  • 141
    View loans »
    Nicaragua Loans Fundraising
  • $24,067,475
    Funds lent in using Kiva
  • 24.1
    Nicaragua Cordobas (NIO) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,250 helped Jairo Ramon to buy stock merchandise for his store.
99% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 14, 2012
Listed
Dec 11, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2014