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Juan Angel
Juan Ángel is an adult single father responsible for five children. He lives in Chinandega Department in the west of the country. He owns a business providing milling services and sells pigs, firewood, corn and plastic ware. He started the business originally selling firewood at wholesale and from that started selling the other mentioned things. He’s been in business 18 years. One of his dreams is to earn higher income to have better economic stability to support his family. He requests the loan as working capital to buy corn, pigs, plastic items thus investing in his businesses because he hopes to earn higher income in the not too distant future.
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Juan Angel mayor de edad, padre soltero con cinco hijos aún bajo su responsabilidad, vive el en departamento de Chinandega en el occidente del país, es propietario de un negocio en el que presta los servicio de molino, venta de cerdos, leña, maíz, plástico el inicio su negocio primeramente con la venta de leña al por mayor, a raíz de eso comenzó a vender los antes mencionados, ya tiene 18 años de tener este negocio, uno de sus sueños es poder tener mejores ingresos para lograr una estabilidad económica con la que pueda mantener a su familia, él solicita crédito para la capital de trabajo en la compra de maíz, cerdos, productos plásticos y así invertir en sus negocios pues el espera poder tener mejores ingresos en un futuro no muy lejano.

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).

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About Nicaragua

  • $4,800
    Average annual income
  • 94
    View loans »
    Nicaragua Loans Fundraising
  • $24,760,950
    Funds lent in using Kiva
  • 25.0
    Nicaragua Cordobas (NIO) = $1 USD
Expired
A loan of $825 helped Juan Angel to buy corn, pigs, plastic ware and firewood, among others.
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 3, 2013
Listed
Sep 23, 2013
Currency Exchange Loss:
Possible
Expired:
Oct 23, 2013