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Pedro Jose
Pedro Jose is an older gentleman who is married and has two young children. He is originally from one of the towns in the northern part of Department of Chinandega, which is in the western section of the country. Pedro is the owner of a small grocery store where he offers consumer household products such as rice, oil, eggs, candy, sugar, detergents, shampoo, creams, toothbrushes, toothpaste, diapers, and other items.

He buys his inventory from distribution trucks that come to his district. Pedro purchases his inventory with cash and then sells the products for cash and credit. He collects payments either weekly or every two weeks. One of his dreams is to keep his business well-stocked so that his children can study and become professionals.

The purpose of this loan is to buy consumer household products as well as cosmetics, clothing, and other items. This will allow him to offer a variety of products to his customers. Demand always grows more whenever the dates of the patron saint festivals draw near.
View original language description ↓
Pedro Jose mayor de edad casado con dos hijos aun menores de edad, originario de uno de los municipios del Norte del Departamento de Chinandega ubicado en el occidente del país, es propietario de una pequeña pulperia donde ofrece productos de consumo para el hogar como:arroz, aceite, huevos, golosinas, azúcar, detergentes, shampoo, cremas,cepillos de dientes, pasta de dientes, pampers entre otros, el realiza sus compras a camiones distribuidores que entran en la zona compra al contado y vende al contado y al crédito los cuales recupera semanal y quincenalmente, uno de sus sueños es surtir bien el negocio y que mis hijos puedan estudiar hasta ser unos profesionales. el objetivo de este crédito es para compra de productos de consumo del hogar como también cosméticos, ropa entre otros, y así ofrecerles variedades de productos a sus clientes ya que en esta fechas su demanda siempre crece mas por acercarse las fiestas patrias

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

  • $3,636
    Average annual income
  • 90
    View loans »
    Nicaragua Loans Fundraising
  • $24,392,675
    Funds lent in using Kiva
  • 25.0
    Nicaragua Cordobas (NIO) = $1 USD
Expired
A loan of $800 helped Pedro Jose to buy consumer household products, cosmetics, clothing, and other items to sell.
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 28, 2013
Listed
Sep 13, 2013
Currency Exchange Loss:
Possible
Expired:
Oct 13, 2013