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Pedro Jose
Pedro, 26, is single and lives in Managua, central region of the country. He likes to spend his free time with his friends going to the movies, for example. Unfortunately, he could not go to the university because he lacked the money, but he would have liked to study Civil Engineering.

Thanks to his hard work and will to succeed, he now works selling clothes (pants, skirts, shirts, t-shirts, underwear, sheets, shorts, dresses, etc.). He has been doing this for fifteen years and works approximately nine hours every day in his locality.

With this loan, he will invest in working capital and stock his business in order to receive a better income in the near future. Pedro José is grateful to Kiva lenders for the help they give to people with fewer resources from poor countries like Nicaragua, which gives them the opportunity to have a decent job.
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Pedro de 26 años de edad, soltero del municipio de Managua, lugar que está ubicado en la zona central del país. En sus ratos libre le gusta disfrutar con amigos de actividades recreativas como ir al cine, lamentablemente no puedo cursar una carrera universitaria por falta de recursos económicos. Pero le hubiera gustado estudiar ingeniería civil.

Gracia a su empeño y sus ganas de salir adelante tiene por actividad económica la venta de ropa como pantalones, faldas, camisas, camisetas, ropa interior, sabanas, short, vestidos. Tiene 15 años de desempeñar dicha actividad, el dedica a su negocio unas 9 horas diaria, en un lugar específico de la localidad. El objetivo del crédito es invertir en capital de trabajo y surtir su negocio para que en un futuro no muy lejano pueda obtener mejores ingresos. Pedro José agradece la ayuda que los inversionistas kiva les 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

  • $4,800
    Average annual income
  • 132
    View loans »
    Nicaragua Loans Fundraising
  • $24,576,775
    Funds lent in using Kiva
  • 24.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Pedro Jose to invest in working capital and stock his business with pants, skirts, shirts, t-shirts and other garments.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 8, 2013
Listed
May 8, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2013