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Alvaro Antonio
Álvaro Antonio, 48, is from León Department. He’s single and has a 13-year-old son. His economic activity is selling new clothes in a specific local spot. He’s been in business five years. Álvaro is a man who is noted for having good payment behavior. He’s repaid his previous loans on time and as required. He needs financing to invest in working capital and stock his business. He will buy merchandise like pants, shirts, skirts, underwear, t-shirts, bed linen, sandals, children’s and adults’ shoes. His daily routine is to work 8 hours. He is grateful for the support Kiva lenders provide people of scarce resources and poor countries like Nicaragua so they can have dignified ways of earning a living.
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Álvaro Antonio de 48 anos de edad de la localidad del departamento León, soltero con un hijo de 13 anos. Él tiene por actividad económica la venta de ropa nueva. En un lugar especifico de la localidad. Tiene 5 anos de tener el negocio. Álvaro es un hombre que se caracteriza por tener buena solvencia moral de pago. En los créditos anteriores ha pagado en tiempo y forma. El financiamiento lo necesita para invertir en capital de trabajo y surtir su negocio en la compra y venta de mercadería como: pantalón, camisas, faldas, ropa interior, camisetas, ropa de cama, sandalias, zapatos de niños y adultos. La rutina diaria de Álvaro es trabajar unas 8 horas diarias. Álvaro 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.

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
  • 125
    View loans »
    Nicaragua Loans Fundraising
  • $24,553,900
    Funds lent in using Kiva
  • 24.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,125 helped Alvaro Antonio to buy clothes.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 10, 2012
Listed
Jan 9, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2013