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Trinidad Antonio

Update on Trinidad Antonio

Trinidad Antonio is a married adult from the municipality of Chinandega, a zone located in the west of the country that’s noted for having the country’s most beautiful beaches.

Trinidad has owned a grocery store at home for 33 years in which he sells home use products like basic grains, snacks, frozen goods, detergent, eggs, and toilet paper, among others as well as food items like cooked beans and milk curd. He has regular customers and drop-ins he sells to on credit and for cash collecting payments weekly and biweekly.

Trinidad’s customer demand is high because his store is located near a naval base and his regular customers come from there. He also sells to other grocers and markets. Trinidad is a responsible man; he’s never missed a payment.

One of his goals is to improve the business and attain economic stability and also to do some home improvements. This loan’s objective is to invest in the grocery store with the purchase of products like basic grains, detergents, frozen goods, perishables, snacks and eggs, among others.

Trinidad is very grateful to all Kiva lenders who provide help to low-income people from poor countries.
View original language description ↓
Trinidad Antonio mayor de edad casado, originario del municipio de Chinandega zona ubicada en el occidente del país,donde se caracteriza por tener unas de las playas mas hermosas del país, trinidad posee en su casa de habitación desde hace 33 años una pulpería en la que vende productos de consumos para el hogar como: granos básicos, golosinas, productos congelados, detergentes, huevos, papel higiénicos, entre otros y otros productos de consumo como: frijoles cocidos, y cuajadas, donde tiene clientes fijos y eventuales los cuales da al credito y al contado donde recupera semanal y quincenal, trinidad tiene una demanda de clientes grande debido a que su negocio esta ubicado cerca de la marina de guerra quienes son clientes fijos de el,estos los vende a otros comerciantes de pulperías y mercados, trinidad es una persona responsables con su forma de pago nuca a quedado mal, Una de sus metas es poder mejorar su negocio y lograr una estabilidad económica como tambien de mejorar su casa de habitacion, el objetivo de este credito es para invertir en su pulperia en las compras de productos como: granos basicos, detergentes, productos congelados, productos perecederos, golosinas, huevos, entre otros mas. trinidad esta muy agradecido con todos los inversionistas kivas que le brindan ayuda a las personas de bajos recursos economicos de paises pobres.

Previous Loan Details

Trinidad Antonio, 69, is married and has three adult children who are economically independent. He’s from the town of Corinto that’s located in the west of the country and is noted for being a coastal place whose main activity is fishing; because of its ports it’s a very touristy zone. Tr... More from Trinidad Antonio'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
  • 124
    View loans »
    Nicaragua Loans Fundraising
  • $24,552,350
    Funds lent in using Kiva
  • 25.0
    Nicaragua Cordobas (NIO) = $1 USD
Expired
A loan of $1,225 helped Trinidad Antonio to buy stock merchandise for his store.
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 25, 2013
Listed
Oct 10, 2013
Currency Exchange Loss:
Possible
Expired:
Nov 9, 2013
This photo was used before for a previous loan for Trinidad Antonio. It was first posted on Kiva on Sep, 2012. Learn More