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Oscar Ivan
Oscar Iván, 44, is single with three minor children. He’s from Achuapa, a place located in the northern zone of the country. He’s noted for being a hardworking, responsible person who very much wants to improve personally. Sadly, he was unable to attend university due to the lack of economic resources which is why he strives daily to provide a better future for his children.

Thanks to his spirit and drive to get ahead, his economic activity is selling basic grains and agricultural supplies. He spends about 10 hours daily selling his products. The objective of the loan is to invest in working capital and to buy products like basic grains, rice, beans, sugar, peanuts, sorghum, cereals and cocoa so that in the not too distant future he’ll earn better income. Oscar Iván is grateful for the support Kiva lenders give to people of scarce resources and to poor countries like Nicaragua so that they can have a way to earn a living with dignity.
View original language description ↓
Oscar Ivan de 44 años de edad, soltero con tres hijos menores de edad. Es originario de Achuapa lugar que está ubicado en la zona norte del país. Él se caracteriza por ser una persona trabajadora, responsables, con ganas de superación personal. Lamentablemente no pudo cursar una carrera universitario por falta de recursos económicos, por eso lucha día a día para brindarle un futuro mejor a sus hijos.
Gracia a su espíritu y sus ganas de salir adelante tiene por actividad económica la venta granos básicos y venta de insumos agrícolas. El dedica a su negocio unas 10 horas diarias ofreciendo sus productos. El objetivo del crédito es invertir en capital de trabajo y compra productos como granos básico arroz, frijoles, azúcar, maní, sorgo, cereales, cacao. Para que en un futuro no muy lejano pueda obtener mejores ingresos como. Oscar Ivan 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.

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
  • 97
    View loans »
    Nicaragua Loans Fundraising
  • $24,800,300
    Funds lent in using Kiva
  • 24.8
    Nicaragua Cordobas (NIO) = $1 USD
Expired
A loan of $1,225 helped Oscar Ivan to buy stock merchandise for his store.
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 24, 2013
Listed
Jul 5, 2013
Currency Exchange Loss:
Possible
Expired:
Aug 4, 2013