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Juan Francisco

Update on Juan Francisco

Juan Francisco is 48 years old, single, and has two children, ages 12 and 15 who attend school. He works as a mason and has had this business for 13 years and works on contract for companies and private individuals. Over the years he has earned a good reputation for his work . His goal for this loan is to buy supplies, such as lumber, measuring tapes, shovels, levels, ladders, spoons, carts and hoses. In the picture he is showing off some of the work he does to earn a living. Juan Francisco is grateful for the help that the Kiva lenders provide to people of limited resources in poor countries like Nicaragua so they can have a dignified source of employment.
View original language description ↓
Juan Francisco de 48 años de edad, soltero con dos hijos de 12, 15 años los cuales están estudiando. Él tiene por actividad económica servicios de albañilerías. Tiene 13 años de tener el negocio el cual lo realiza de forma ambulante. La rutina de este hombre es trabajar por contrato ofreciendo sus servicios de albañilería a empresas y personas particulares. A través de los años ha tenido muy buena reputación con sus obras. El objetivo del préstamo es para comprar material de trabajo como: madera, cintas métricas, palas, niveles, escaleras, cucharas, carretas, mangueras. En la foto el cliente nos demustra parte del trabajo que realza para ganarse la vida. Juan Francisco 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.

Previous Loan Details

Juan Francisco is 47 years old and in the building trade. He has been in this business for more than 12 years. He started out through his own effort, in spite of the fact that it was not easy because building materials are very expensive. However, Juan has a lot of customers. For this reason,... More from Juan Francisco'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
  • 62
    View loans »
    Nicaragua Loans Fundraising
  • $25,382,700
    Funds lent in using Kiva
  • 24.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Juan Francisco to buy supplies.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Nov 22, 2012
Dec 18, 2012
Currency Exchange Loss:
Dec 17, 2013
This photo was used before for a previous loan for Juan Francisco. It was first posted on Kiva on Jul, 2011. Learn More