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Jose Francisco
José Francisco is 58 years old and is married with two children, who are in his care. They are studying in secondary school and university. He is from the municipality of Nagarote. Nagarote is characterized by its cleanliness, being the cleanest municipality in the country, and by its typical plates such as fresh cheese, tiste (a beverage made from corn and cocoa), and donuts.

José Francisco has made a living with his tailor shop for 36 years. His business consists of making men's clothing, such as pants, tuxedos, ties, robes, and shirts. He has always had this business, which is his way of life and his means of support for his family. He needs funding to invest in working capital by buying materials such as fabric, lining, buttons, zippers, and thread.

José Francisco is grateful for the help which Kiva lenders provide to those with limited resources in poor countries such as Nicaragua, so that they can have a decent livelihood.
View original language description ↓
José Francisco de 58 anos de edad, casado con dos hijos los cuales están bajo su responsabilidad y estudian en la universidad y en secundaria. Él es originario del municipio de Nagarote. Lugar que se caracteriza por ser el municipio mas limpio del país. Por sus comidas típicas como el quesillos, tiste, rosquillas. José Francisco tiene por actividad económica un taller se sastrería desde hace 36 anos que se dedica a dicha actividad. La cual consiste en la elaboración de prendas de vestir de hombre como pantalones, esmoquin, corbatas, togas, camisas. Él siempre ha tenido dicha actividad la cual ha sido su forma de vida y el sustento de su familia. El financiamiento lo necesita para invertir en capital de trabajo y comprar materia prima como: telas, forros, botones, zíper, hilos. José Francisco agradece la ayuda que los inversionistas kiva les brindan a las 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
  • 127
    View loans »
    Nicaragua Loans Fundraising
  • $24,043,075
    Funds lent in using Kiva
  • 24.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Jose Francisco to invest in working capital and buy supplies such as fabric, lining, buttons, zippers, and thread.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 20, 2012
Listed
Jan 2, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2013