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Walter Antonio
Walter, 31, is single and does not have children. He is from the municipality of Malpaisillo, in the western part of the country. Walter sells handicrafts and live pigs on the streets and he has been doing it for eleven years. He sells handicrafts made of clay, like jars, little model-houses, salt shakers and dolls, and he also buys pigs and sells them.

Walter has worked before with the foundation and has proved to be responsible by paying on time and the right amounts. He is known to be a hardworking, responsible person. His goal with this loan is to invest in working capital and stock his business up with more handicrafts and pigs, taking advantage of the upcoming season, which is good for sales.

Walter appreciates the help that Kiva lenders give to people with few resources from poor countries like Nicaragua, so that they can have a decent job.
View original language description ↓
Walter de 31 años de edad, soltero sin hijo. Es originario del municipio de Malpaisillo. Lugar que está ubicado en la zona de occidente del país. Walter tiene por actividad económica la venta de artesanía y cerdos en pie, de forma ambulante desde hace 11 años que se dedica a dicha actividad. Negocio que consisten en vender artesanía de barro como jarrones de barro, casitas de barro, saleros de barros, muñecas de barro, y cerdos los cual compra lote de cerdos para la venta del mismo. Él ya ha trabajado con fundación y ha demostrado su responsabilidad de pago en tiempo y forma. Walter se caracteriza por ser muy trabajador, responsable. El objetivo del préstamo es invertir en capital de trabajo y surtir su negocio en la compra de artesanía y cerdos y aprovechar las mejores ventas en el mes de diciembre. Walter agradece la ayuda que los inversionistas kiva les brindan a personas de escasos recursos y países pobre como es Nicaragua para tener un medido 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

  • $4,800
    Average annual income
  • 102
    View loans »
    Nicaragua Loans Fundraising
  • $24,738,450
    Funds lent in using Kiva
  • 24.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,275 helped Walter Antonio to invest in working capital and stock his business by buying clay handicrafts and live pigs to sell.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 19, 2012
Listed
Dec 19, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2014