Check out other loans that are currently fundraising!
Domingo Leonel
52-year-old Domingo Leonel is the father of one child and comes from Chinandega department, in the west of the country. He started his business 16 years ago with his own money which he worked very hard to save over the years. His business is located in small premises in one of the city markets. There he sells a range of merchandise including clothing for adults and children, and a wide variety of flip flops as this type of footwear is very much in demand among people who live in the town. Domingo's goal is to further invest in his business so that he can earn more profits and, in the not-so-distant future, carry out some home improvements because the income he currently makes from his sales is not enough to do this work. Domingo is grateful for the help that Kiva lenders give to people with limited resources in poor countries such as Nicaragua as it helps them to earn a decent living.
View original language description ↓
Domingo Leonel, tiene cincuenta y dos años, es padre de un hijo y es originario del departamento de Chinandega ubicado en la zona occidental del país. Inicio hace dieciséis años su negocio con dinero propio, el cual logro ahorrar con mucho sacrifico desde años atrás, el negocio está ubicado en un pequeño local en uno de los mercados de la ciudad; en este vende mercadería variada como ropa para adultos, ropa juvenil y una gran variedad de chinelas, ya que este tipo de calzado es muy solicitado por los habitantes del municipio. Su meta es invertir más en su negocio para poder obtener más ganancias y en un futuro no muy lejano poder realizar mejoras en su casa ya que los ingresos que tiene de sus ventas no son los suficientes para poder llevarlas a cabo. Domingo agradece la ayuda que los inversionistas Kiva les brindan a personas de escasos recursos y países pobres 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
  • 89
    View loans »
    Nicaragua Loans Fundraising
  • $24,392,675
    Funds lent in using Kiva
  • 24.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Domingo Leonel to buy a range of merchandise such as clothing for adults and children and a wide variety of flip flops.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 4, 2013
Listed
May 1, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014