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Ernesto, 21, is married and has a nine-month-old son. He's from the town of Chinandega, located in the western part of the country, an area that has all types of businesses. It's a very productive region.

Ernesto's known for being a responsible and very hardworking man. Unfortunately he wasn't able to finish his studies because he lacked the resources at home and he needed to work to help pay the household expenses. Now he has a family and he strives every day to give his little baby a future.

Thanks to his effort and fighting spirit for getting ahead, he has a business selling a variety of merchandise. Specifically he has a sales route and sells a variety of products such as plastic products, clothing, children's toys, knick-knacks, cosmetics, gold jewelry, and decorations. He has steady and occasional customers.

He distributes his products through various towns of Chinandega and collects payment for them weekly and biweekly. He carries out his work as a traveling salesman and on order. This man's work routine is some 10 hours a day selling his products to new customers. He carries out this noble job that supports his household with great pleasure.

The goal of this loan is to invest in working capital and stock his business. This way he can offer better products to his steady, occasional, and potential customers and earn a better income for his household.
View original language description ↓
Ernesto 21 años de edad casado con un hijo de nueve meses de edad, originario del municipio de Chinandega ubicado al occidente del país, una zona donde el predomina todo tipo de negocio, es una zona muy productiva, Ernesto se caracteriza por ser un hombre responsable muy trabajador, desafortunadamente no pudo culminar sus estudios por falta de recursos económicos en su hogar y se vio en la necesidad de trabajar para aportar en los gastos del hogar, ahora él tiene una familia la cual lucha día a día para brindarle un futuro a su pequeño bebe, gracias a su empeño y espíritu luchador de salir adelante tiene el negocio de mercadería en general específicamente una línea de cortero, el cual consiste en la venta de productos varios, como plásticos, ropa, juguetes de niños, chinerías, cosméticos, prendas de oro, adornos, él tiene clientes fijos y eventuales todos sus productos los tiene regados por varios municipios de Chinandega el cual distribuye y recupera semanal y quincenalmente, actividad que desempeña de forma ambulante y por encargos, su rutina de trabajo de este hombre es de unas 10 horas diarias ofreciendo sus productos a nuevos clientes, el con mucho gusto desempeña este noble trabajo que le da el sustento en su hogar. El objetivo de este crédito es invertir en capital de trabajo y de surtir en su negocio y así brindarles mejores artículos a sus clientes fijos, eventuales y posibles clientes para asi en un futuro pueda obtener mejores ingresos en su hogar.

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
  • 95
    View loans »
    Nicaragua Loans Fundraising
  • $24,742,900
    Funds lent in using Kiva
  • 24.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Ernesto to buy cosmetics, knick-knacks, plastic products, clothing, toys, and other merchandise.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Apr 9, 2013
May 1, 2013
Currency Exchange Loss:
Mar 17, 2014