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Carlos Jose

Update on Carlos Jose

Carlos Jose, 54, is married and lives in Chinandega in the western part of the country. He works selling hardware goods, like nails, iron, valves, wire, metal sheeting, spare bicycle parts, screwdrivers, and screws, among other things. He buys these products in the department of Managua and sells to traders in the markets. He also sells used clothing as a walking vendor in various neighborhoods of Chinandega. He started his business primarily as a mechanic and with the income he earned, he managed to start his business. He has been doing this work for 11 years. One of his greatest wishes is to be able to continue working and move his family forward. He is asking for the loan to buy goods like iron, metal sheeting, wire, pipes, pvc glue, and lamps, among other things, so that he can have better economic stability for his family. He is grateful for the help and support that Kiva lenders offer to people with few resources and to poor countries like Nicaragua so that they can have dignified work.
View original language description ↓
Carlos José de 54 años de edad, casado y del domicilio de Chinandega en el occidente del país se dedica a la venta de productos ferreteros como: clavos, hierro, llaves de pases, alambres, zin, repuestos de bicicletas, desarmadores, tornillos entre otros, los cuales compra en el departamento de Managua y vende a comerciantes de los mercados, el también vende ropa usada en los distintos barrios de Chinandega de manera ambulante inicio su negocio primeramente como mecánico y luego con los ingresos que obtuvo logro poner su negocio, el tiene 11 años de haber iniciado en este trabajo, uno de sus mayores anhelos es poder seguir trabajando y sacar adelante a su familia el solicita crédito para la compra de capital de trabajo como: hierro, zinc, alambres, tubos, pegas de pvc, lamparas, entre otros mas, donde podra tener una mejor estabilidad económica para su familia . El agradece la ayuda y el apoyo que los inversionistas Kivas le ofrecen a personas con escasos recursos y países pobres como Nicaragua para tener un medio digno de trabajo.

Previous Loan Details

Carlos Jose is 53 years old and married. He has a hardware store located in his home, in the local market, and also by order. He’s had this business for 10 years and started it with income from working in a shop. At present, the business has grown thanks to his responsibility, desire for personal... More from Carlos Jose's previous loan »

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).

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About Nicaragua

  • $4,800
    Average annual income
  • 102
    View loans »
    Nicaragua Loans Fundraising
  • $24,739,175
    Funds lent in using Kiva
  • 24.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $175 helped Carlos Jose to buy nails, iron, metal sheeting, pipes, glue, lamps, and screws, among other things.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Sep 12, 2013
Oct 2, 2013
Currency Exchange Loss:
Jul 24, 2014