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Jorge Luis
Jorge Luis is a married adult with two minor-age children. He is originally from Villanueva, which is located in the northern part of the Chinandega region. He is the owner of a veterinary pharmacy. He gets his products from suppliers that distribute in the zone and he purchases the items with cash. He does his selling by cash and credit. He also offers specialty veterinary services, which is what he studied at the university.

He began his business when he was still studying veterinary medicine. He was able to do this with the support of his mother and with the intention of helping with his school expenses; his mother could not fund his studies since his sister was also beginning to study at the university. They did not count on the support of his father.

Today, he has been in this business for five years. He is requesting funding in order to invest in his business, particularly in the purchase of various medicine products for his pharmacy. In doing this, he will be able to generate higher profits.

One of his dreams is to expand his business more and to offer a better life to his children.
View original language description ↓
Jorge Luis, mayor de edad casado con dos hijos menores de edad, él es originario de Villanueva ubicado al norte del departamento de Chinandega, es propietario de una farmacia veterinaria, el realiza sus compras por pedidos a los proveedores que distribuyen en la zona y compra al contado, sus ventas las realiza al contado y al crédito, también el ofrece el servicio de veterinario especialidad que estudio en la universidad, el inicia su negocio cuando aún estudiaba medina veterinaria, lo hace con el apoyo de su mama y con la intención de ayudar con los gastos de sus estudios debido a que su mama no podría costearle sus estudio por lo que su hermana entraría a estudiar también en la universidad, y no contaban con el apoyo de su papa, hoy en día tiene 5 años de tener el negocio. Jorge solicita financiamiento para invertir en el negocio en la compra de variedades productos de medicina para la farmacia, para que genere más ganancias, uno de sus sueños es expandir más su negocio y brindarles una mejor vida a sus hijos.

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
  • 62
    View loans »
    Nicaragua Loans Fundraising
  • $23,421,000
    Funds lent in using Kiva
  • 24.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Jorge Luis to buy a variety of veterinary products and thereby offer a better product to the customers that visit his pharmacy.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 28, 2012
Listed
Jan 9, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2014