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Pedro, 54, is married and has two school-aged children, 7 and 4 years old. He is in the business of buying and selling cattle. He buys them in the villages near where he lives and always pays in cash. He has a fixed customer base and sells to the merchants in the town and neighboring counties. A very hard worker, he says he began his business 30 years ago when he was young. Since his parents were poor and unable to give him a career, he went into farming.

He is the head of household of a hard-working family and gets up early in the morning to go out to care for the cattle, making sure they are healthy and well fed. Pedro is requesting this loan to buy more cattle, especially bred cows.
View original language description ↓
Pedro de 54 años, casado, padre de 7 hijos, 4 de ellos en edad escolar aun, se dedica a la actividad económica de compra y venta de ganado para crianza el realiza sus compras en las comarcas aledañas a la zona que él vive compra al contado y vende en el municipio y comarcas de donde él vive a comerciantes que ya son clientes fijos, él es una persona muy trabajadora relata que empezó su negocio hace 30 años a muy temprana edad porque sus padres eran muy pobres y no tuvieron capacidad económica para brindarles estudios profesionales y por tal razón decidió dedicarse a esta actividad. Él es el sostén económico de una familia muy trabajadora que desde temprano se levantan a trabajar y ayudar a que el ganado se mantenga bien cuidado y no lo ataque ningún tipo de enfermedad o le falte alimento. Pedro solicita este crédito para comprar materia prima como: varias vacas preñadas entre otros

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
  • 77
    View loans »
    Nicaragua Loans Fundraising
  • $25,409,250
    Funds lent in using Kiva
  • 24.4
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,250 helped Pedro to buy more cattle.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Mar 7, 2013
Mar 15, 2013
Currency Exchange Loss:
May 17, 2014