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Jose Santos
José Santos, 64, is married and has three adult children. He's from the department of León, in the western part of the country.

José Santos's job is selling staples and kiosk items. His business is in a fixed location in town. He has had the business for 29 years. It came about because he lacked a regular job but he needed an income for the household expenses.

He needs the loan to invest in working capital and stock his store with rice, beans, sugar, wheat, and cereals, and kiosk products such as cookies, bread, soda, juice, pastries, cheese snacks, "tortillitas," and fried yucca.

José Santos is grateful for the help that Kiva lenders give to low-income people and poor countries such as Nicaragua so they have a means for a decent job.
View original language description ↓
José Santos de 64 anos de edad, casado con cuatro hijos mayores de edad, del departamento de León. Lugar que esta ubicado en la zona de occidente del país. José Santos tiene por actividad económica la venta granos básicos y kiosko. El negocio lo tiene ubicado en un lugar específico de la localidad. Tiene 29 anos de tener el negocio. El negocio surgió por la necesidad de tener una fuente de trabajo por la falta de empleo fijo y de dicha forma obtener ingresos para los gastos del hogar. El financiamiento lo necesita para invertir en capital de trabajo y surtir su negocio con la compra de arroz, frijoles, azúcar, trigo, cereales, y la venta del kiosco productos como, galletas, pan, gaseosas, jugos, reposterías, meneítos, tortillitas, yuca fritas. José santos 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 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
  • 168
    View loans »
    Nicaragua Loans Fundraising
  • $23,230,825
    Funds lent in using Kiva
  • 24.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,275 helped Jose Santos to buy food to stock his store.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 30, 2012
Listed
Dec 19, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 19, 2014