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Franklin Antonio
Franklin is 24 years old and married with one child who is 9 years old. He is originally from Managua, a place that is located in the central area of the country. Franklin is characterized as being a very hardworking and responsible man. Unfortunately due to a lack of economic resources he could not pursue a university education and he was forced to work from a very early age in order to contribute to the household expenses. Therefore he struggles day to day to provide a better future for his young son.

Thanks to his entrepreneurial spirit and his desire to get ahead he has as his economic activity the sale of various products that consist of children’s toys, inflatable balls, cars, puzzles, plastic children’s chairs, calculators, stuffed animals and irons. He performs this work as a street merchant and by orders. This man's work routine is 12 hours a day with a bundle of 30 kg offering his merchandise. He carries out this activity with great pleasure as it is the sustenance for his son. The purpose of this loan is to invest in working capital and stock his business in the buying and selling of the various products so that in a not-too-distant future he can obtain better income.

Franklin is grateful for the help that the Kiva lenders offer to people of limited resources and poor countries like Nicaragua so that they have a way to work with dignity.
View original language description ↓
Frankin de 24 años de edad, casado con un hijo de nueve años de edad. Originario de Managua, lugar que está ubicado en la zona central de país. Franklin se caracteriza por ser un hombre muy trabajador, responsables. Lamentablemente por falta de recursos económicos no pudo cursar una carrera universitaria, y se vio obligado a trabajar desde temprana edad para aporta a los gastos del hogar. Por tanto lucha día a día para brindarle un futuro mejor a su pequeño hijo.
Gracia a su espíritu de emprendedor y sus ganas de salir adelante es que tiene por actividad económica la venta de productos varios que consiste en vender, juguetes de niños pelotas inflables, carros, rompe cabezas, sillas de niños plásticas, calculadoras, peluches, planchas. Actividad que la desempeña de forma ambulante y por encargos, la rutina de trabajo de este hombre es de 12 horas diarias con un bulto de 30 kg ofreciendo su mercadería. Actividad que la desempeña con mucho gusto, ya que el sustento de su hijo. El objetivo del crédito es invertir en capital de trabajo y surtir su negocio en la compra y venta de productos varios. Para que en un futuro no muy lejano pueda obtener mejores ingresos. Franklin 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 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

  • $3,636
    Average annual income
  • 176
    View loans »
    Nicaragua Loans Fundraising
  • $23,211,000
    Funds lent in using Kiva
  • 24.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,450 helped Franklin Antonio to purchase various products such as children’s toys, inflatable balls, cars, puzzles, plastic children’s chairs, calculators, stuffed animals and irons.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 4, 2013
Listed
Mar 6, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013