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Jairo, 31, is a father of three minor children who are 13-, 7- and 3-years-old. He’s noted for being very hardworking and responsible with a strong drive for self-improvement. He’s from Chinandega, a place located in the western part of the country. Unfortunately, due to lack of economic resources he was unable to study at university but would have loved to be a systems engineer.

Thanks to his enterprising spirit, his economic activity is selling general merchandise consisting in pants, shorts, towel sets, shirts, t-shirts, underwear and bed linens. Jairo’s daily routine is to work 12 hours going from town to town in the country offering his goods to regular and occasional customers. The loan’s goal is to invest in working capital and take advantage of the children’s and youngsters’ return to classes to sell school uniforms, socks, t-shirts, school pants and skirts. In this way in the not too distant future earn higher income and meet customer demand. Jairo is grateful for the support Kiva lenders provide people of scarce resources and poor countries like Nicaragua so they can have a way to earn a living with dignity.
View original language description ↓
Jairo de 31 años de edad, padre de familia con tres hijos menores de edad de 13, 7,3 años, se caracteriza por ser trabajador, responsable, con ganas de superación personal. Él es originario de Chinandega lugar que está ubicado en la zona de occidente del país. Lamentablemente por falta de recursos económicos no pudo cursar una carrera universitaria, pero le hubiera gustado ser ingeniero en sistema.
Gracias a su espíritu de emprendedor es que tiene por actividad económica la venta de mercadería en general que consisten en la venta de pantalones, short, juegos de toallas, camisas, camisetas, ropa interior, ropa de cama. La rutina de Jairo es trabajar unas 12 horas diarias recorriendo varios municipios del país, ofreciendo sus productos a clientes fijos y eventuales. el objetivo del crédito es invertir en capital de trabajo y aprovechar la entrada de clases de niños y jóvenes para ofrecer uniformes de colegio, calcetas, camisetas, pantalones de colegios faldas de colegios. Y de dicha forma en un futuro no muy lejano obtener mejores ingresos económicos y satisfacer la demanda de sus clientes. Jairo 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 trabaja 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
  • 89
    View loans »
    Nicaragua Loans Fundraising
  • $25,032,475
    Funds lent in using Kiva
  • 24.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Jairo to buy clothes and bed linens.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Dec 21, 2012
Jan 9, 2013
Currency Exchange Loss:
Dec 17, 2013