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Donaldo Antonio
Donaldo Antonio is 48 years old, married, and has two children ages 16 and 19. They attend middle school and university. Originally from Chinandega, he is retired and has been a merchant for 19 years. He has a general store on his property and sells basic grains, cosmetics, clothing, frozen products, candy, and other things. He also delivers on foot with his wife’s help. She works as a nurse in the health center in one of the settlements. He started his business with the help of his pension and his wife’s salary. He has not gotten any other loans before and plans to use the money to invest into his small business so that he can offer a greater variety of products to satisfy his customer demands. In this way he will be able to provide an education and better future for his children.
View original language description ↓
Donaldo Antonio de 48 años de edad, casado, padre de dos hijos de 16 y 19 años de edad, quienes asisten a la escuela secundaria y a la universidad respectivamente; originario de Chinandega desde hace cuarenta y ocho años, es pensionado y actualmente comerciante desde hace diecinueve años, sabiendo que posee una pulpería que está ubicada en su propiedad donde vende granos básicos, cosméticos, ropa, productos congelados, dulces y otros productos, también los distribuye de manera ambulante con ayuda de su esposa, quien desempeña el cargo de enfermera en el centro de salud en una de las comarcas, inicio el negocio con ayuda de su pensión y el salario de su esposa, nunca había recibido prestamos por parte de la organización y con el crédito obtenido planea invertir en su pequeño negocio, ofrecer productos mucho más variados para satisfacer a sus demandantes, y así formar profesionalmente a sus hijos y ofrecerles un mejor futuro.

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
  • 101
    View loans »
    Nicaragua Loans Fundraising
  • $24,738,450
    Funds lent in using Kiva
  • 24.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,450 helped Donaldo Antonio to stock his store.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 11, 2013
Listed
Jan 22, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013