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Cristobal Daniel
Cristóbal, 51, is married and is father to a 9-year-old boy who is in primary school. Cristóbal is characterized as a responsible, hard-working person with the drive for self-improvement.

He is originally from one of the ports of the region of Chinandega. He started his business 30 years ago. He has always been a fighter in life, since he was very young, but due to a lack of financial resources he was unable to achieve his dreams, such as getting a university degree. This is why he works day by day to offer his son a better education than he had, until he reaches the top: a university degree.

Thanks to his entrepreneurial abilities, he sells general merchandise for a living, which consists of selling adult and children's clothing, pants, shirts, dresses, towels sets, undergarments, cosmetics, gold garments, and home adornments. He travels to the capitol to make his purchases.

The objective of the loan is to invest in working capital and stock his business with the merchandise purchased, thus satisfying his customer's demands and in the near future increasing his income.
View original language description ↓
Cristóbal de 51 años de edad casado, padre de un niño de 9 años que cursa la primaria, Cristóbal Daniel se caracteriza por ser responsable, trabajador, con ganas de superación personal. Originario de unos de los puertos del departamento de Chinandega, hace 30 años que inicia su negocio, el cual Siempre ha luchado en la vida desde muy joven pero por falta de recursos económicos no pudo lograr sus sueños como es realizar una carrera universitaria. Por lo que trabaja día a día para brindarle a su hijo una mejor educación que el no tuvo hasta que logre coronar una carrera universitaria. Gracia a su capacidad de emprendedor él tiene por actividad económica la venta de mercadería en general, la cual consisten en vender ropa de niños, adultos, pantalones, camisas, vestidos, juegos de toallas, ropa interior, cosméticos, prendas de oro, adornos para el hogar él viaja a la capital a realizar sus compras. El objetivo del crédito es invertir en capital de trabajo y surtir su negocio con la compra de mercadería y satisfacer la necesidad de sus clientes, y en un futuro no lejano poder aumentar sus ingresos.

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
  • 76
    View loans »
    Nicaragua Loans Fundraising
  • $23,451,300
    Funds lent in using Kiva
  • 24.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Cristobal Daniel to buy cosmetics, clothing, personal items and more.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 19, 2013
Listed
Mar 24, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014