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Guillermo Ramon

Update on Guillermo Ramon

Guillermo Ramón is 49 years old, single and has two adult children. He is originally from León, which is in the west of the country. Guillermo is hard-working, responsible and has a desire to move ahead in life. Unfortunately he was never able to study at university, due to a lack of money, and was forced to work from an early age.

Thanks to his efforts and his desire to move head in life, Guillermo works selling sea food. He receives orders and fulfills them for both regular and one-time customers, working around eight hours each day. Guillermo enjoys his work. This loan will be used to invest in working capital and to stock up his business by buying seafood. He sells it on at a good price so that, in the not-so-distant future, he will be able to improve his income. Guillermo is grateful for the help that Kiva lenders are giving to people with little resources and to poor countries, such as Nicaragua, so that people can have a decent job.
View original language description ↓
Guillermo Ramón de 49 años de edad, soltero con dos hijos mayores de edad. Él es originario de León, lugar que está ubicado en la zona de occidente del país. Él se caracteriza por ser una persona trabajadoras, responsable, con ganas de superación personal. Lamentablemente no pudo cursar una carrera universitaria por falta de recursos económicos, y se vio obligada a trabajar desde temprana edad.
Gracias a su esfuerzo y sus ganas de Salir adelante tiene por actividad económica la venta de marisco, por encargo y entrega a los clientes fijos y eventuales, el dedica a su negocio unas 8 horas diaria, actividad que la desempeña con mucho gusto. El objetivo del crédito es invertir en capital de trabajo y surtir su negocio en la compra de marisco el cual se están ofreciendo a buen precio, para que en un futuro no muy lejano pueda obtener mejores ingresos. Guillermo Ramón agradece la ayuda que los inversionistas kiva le brindan a personas de escasos recursos y países pobre como es Nicaragua para tener un medio de trabajo digno.

Previous Loan Details

Guillermo Ramón has a business selling seafood. He has had this business for more than 15 years and learned the trade from his mom. He gains most customers working as an itinerant vendor and has to get ready to go out very early every morning to sell the variety of products that his customers r... More from Guillermo Ramon's previous loan »

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).

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.


About Nicaragua

  • $4,800
    Average annual income
  • 75
    View loans »
    Nicaragua Loans Fundraising
  • $25,413,450
    Funds lent in using Kiva
  • 25.0
    Nicaragua Cordobas (NIO) = $1 USD
A loan of $1,000 helped Guillermo Ramon to invest in working capital by buying seafood so sell to regular and one-off customers.
Repayment Term
20 months (Additional Information)
Repayment Schedule
Apr 25, 2013
Jun 1, 2013
Currency Exchange Loss:
Jul 1, 2013
This photo was used before for a previous loan for Guillermo Ramon. It was first posted on Kiva on Sep, 2011. Learn More