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Rafael Alberto
Rafael Alberto is married with two young children. He lives in Chinandega where he runs a taxi service. He has regular customers whom he drives on private trips as well as occasional clients. He also has a mobile disco business and runs karaoke events with mariachis.

Rafael started his business as a young man driving a relative's vehicle, and with the income from this venture he eventually managed to buy a vehicle of his own. He begins his working day very early at 4am and finishes work around 2pm, so he works 9 to 10 hours daily sometimes in the heat of the day and sometimes in the cold of the night time. In this way he earns money to support his household.

One of Rafael's dreams is to improve his taxi service for his customers; he also wishes to improve his standard of living so that he provide a better future and the possibility of good jobs for his children. The goal of this loan is to make improvements to his vehicle and his mobile disco equipment.
View original language description ↓
Rafael Alberto, mayor de edad casado con dos hijos menores de edad, del domicilio de Chinandega, es propietario de una unidad de transporte Taxi y ofrece sus servicios en la ciudad de Chinandega donde tiene clientes fijos realizando viajes privados y también clientes eventuales, al igual que posee también cuenta con equipos de disco móvil realizando eventos para karaoke con mariachis, Rafael inicia su negocio como cadete en otra unidad de transporte de un familiar y con sus ingresos él logra comprar una línea y alquila el vehículo hasta que lo compra pasando a ser propio, inicia su jornada de trabajo desde muy temprano 4am y finaliza hasta bien tarde 2pm trabajando entre 9 o 10 horas diarias, con el gran sol y el frio por las noches para así poder llevar el sustento diario en su hogar, uno de sus sueños es mejorar su unidad de servicios para sus clientes y mejorar su nivel de vida para así brindarle un futuro mejor a sus hijos siendo profesionales, el objetivo de este crédito es para dar mejoras en su unidad de transporte y equipos de disco móvil.-

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
  • 103
    View loans »
    Nicaragua Loans Fundraising
  • $24,739,175
    Funds lent in using Kiva
  • 25.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,050 helped Rafael Alberto service his taxi and make improvements to his mobile disco equipment.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 11, 2013
Listed
Jul 26, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014