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Elvis De Jesus
Elvis, 47, is married and has seven children in his care. He is from a town in Chinandega, an area that is dominated by the shellfish business and tourism because of its beautiful beaches. Elvis owns a small shellfish collector business and buys fish from the local fishermen. He then sells to buyers from other towns. In addition to his shellfish business he also earns a living with artisan fishing. He started the business with his own capital, which he was able to save in order to seek out a decent lifestyle.

Through much effort and loans he has received, Elvis has been able to renovate his home and increase sales. This loan will be used as working capital to buy a variety of shellfish such as blue crab, conch, shrimp, Tiguacal crab, lobster, etc.
View original language description ↓
Elvis de Jesús 47 años de edad casado con siete hijos, aun bajo su responsabilidad, originario de uno de los municipios de Chinandega zona donde predomina la comercialización de mariscos, el turismo por sus hermosas playas, Elvis es propietario de un pequeño acopio de mariscos, el compra a pescadores de la zona y posteriormente los vende a los compradores que entran de otro municipio a parte de los ingresos por venta de mariscos también tiene ingresos de la pesca artesanal, este negocio lo inicia con fondos propios, productos de algunos ahorros personal buscando un medio digno de vida, Elvis con muchos esfuerzos y con créditos que se le han otorgado ha logrado mejorar su vivienda e incrementado su negocio, el objetivo de este crédito es para capital de trabajo, invertir en variedades de mariscos como: pescados, jaibas, conchas, camarones, tiguacal, langostas entre otros.-

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).

Tags

About Nicaragua

  • $3,636
    Average annual income
  • 140
    View loans »
    Nicaragua Loans Fundraising
  • $24,080,875
    Funds lent in using Kiva
  • 25.2
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Elvis De Jesus to buy a variety of shellfish.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 20, 2013
Listed
Jul 18, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2014