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Ezequiel

Update on Ezequiel

Ezequiel is e 36 year old man and the father of two children, aged 12 and 6. They are in primary school. Ezequiel is the owner of a automobile paint and bodywork shop. He also does welding in his shop. He opened his shop nine years ago. It is located at his house and he opened it with the small savings that he had. Later, with the help of loans, he has been able to improve his business little by little. He learned his trade working in other shops and is asking for the loan to do some improvements on his shop and offer his customers a better service. One of his goals is to keep improving the shop in order to obtain more income and be able to do some home improvements. Ezequiel is very grateful for the help the Kiva investors offer people of low income and in poor countries such as Nicaragua, so that they may have dignified work.
View original language description ↓
Ezequiel es un joven de 36 años de edad, casado, padre de dos hijos de 12 y 6 años de edad, quienes cursan en la escuela primaria; Ezequiel es propietario de un taller de pintado y enderezado automotriz, dentro de su taller también ofrece el servicio de soldadura, instaló el taller desde hace nueve años, el cual está ubicado dentro de su vivienda, lo hizo con pocos ahorros que tenía, luego con la ayuda de los créditos ha logrado mejorar poco a poco su negocio , el aprendió el oficio trabajando en otros talleres y solicita el crédito para hacerle mejoras a su taller y ofrecer un mejor servicio a su clientela. Una de sus metas es seguir mejorando el taller para obtener más ingresos para así realizar mejoras en su vivienda. Ezequiel está muy agradecido con la ayuda que los inversionistas kiva les brindan a personas de escasos recursos y países pobres como Nicaragua para tener un medio de trabajo digno.

Previous Loan Details

Ezequiel Hernández R. is 32 years old and has been in business for 6 years. He provides paint and auto body repair services. Ezequiel began as an assistant at another shop where he learned this line of work. He is very charismatic and enjoys dealing with customers, which is why he decided to go... More from Ezequiel's previous loan »

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).

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About Nicaragua

  • $4,800
    Average annual income
  • 109
    View loans »
    Nicaragua Loans Fundraising
  • $24,829,275
    Funds lent in using Kiva
  • 24.3
    Nicaragua Cordobas (NIO) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $625 helped Ezequiel to improve his establishment to give his customers a better service.
99% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 31, 2013
Listed
Feb 8, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014