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Nelson Antonio

Update on Nelson Antonio

Nelson Antonio, 32, is a single father of two minors. He’s from Malpaisillo, a place located in the country’s northern zone. Nelson’s noted for being a hardworking, responsible man with a strong self-improvement drive.

Nelson’s activity is selling traditional crafts from his area like clay pots, piggy banks, bracelets, clay kitchen ware, urns, vases, etc. in neighboring Costa Rica. He learned the business from his parents for the business is a family tradition.

He needs financing to invest in working capital for the crafts buying and selling business so that in the not too distant future income will rise. Nelson is grateful for the support Kiva lenders provide to people of low income in poor countries like Nicaragua so they can have ways to earn a living with dignity.
View original language description ↓
Nelson Antonio de 32 años de edad, soltero padre de dos hijos menores de edad de edad. El originario de Malpaisillo, lugar que está ubicado en la zona norte del país. Nelson se caracteriza por ser una persona trabajadora, responsables con ganas de superación personal. La actividad en la que se desempeña Nelson es la venta de artesanías, La cual consiste en viaja al país vecino de Costa Rica y ofrece la artesanía elaborada en la localidad como ollas de barro, al cancillas, pulseras, jugos de cocina de barro, jarrones, floreros. El negocio lo aprendió de sus padres que por tradición ha sido un negocio familiar. El financiamiento lo necesita para invertir en capital de trabajo en la compra y venta de artesanía para que en un futuro no muy lejano pueda obtener mejores ingresos. Nelson agradece la ayuda que los inversionistas Kiva les brindan a personas de escasos recursos y países pobre como es Nicaragua para tener un medio de trabajo dingo.

Previous Loan Details

Nelson Antonio, 31, is a single father of two children, ages 3 and 5. He is from Malpaisillo which is in the northern part of the country and known as a very productive agricultural and commercial area. Nelson sells crafts for a living and has been in business for six years. He travels to Cost... More from Nelson 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

  • $3,636
    Average annual income
  • 127
    View loans »
    Nicaragua Loans Fundraising
  • $24,035,950
    Funds lent in using Kiva
  • 25.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Nelson Antonio to buy stock merchandise for his shop.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 20, 2013
Listed
Oct 18, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2014
This photo was used before for a previous loan for Nelson Antonio. It was first posted on Kiva on Nov, 2012. Learn More