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Douglas Javier
Douglas Javier is 29 years old, he is single and he is from Chinandega, a borderline region in the northern part of the country characterized by the trading of livestock, gold and merchandise in general.

Douglas buys bulk grains from wholesale suppliers -like beans and corn- and he then sells them directly from his home to local producers who pay him either in cash or credit. Douglas collects the payments weekly or every two weeks.

In addition, Douglas also buys pigs from neighboring counties, and sells them to butchers and traders, who also buy from him either in cash or credit.

Douglas began his business with personal savings, and one of his dreams is to own a house. The objective of this loan is to invest in both activities, given that demand is increasing and Douglas needs to be able to cover all of his customers’ orders.
View original language description ↓
Douglas Javier 29 años de edad soltero, originario de unos de los municipios de Chinandega zona ubicada al norte del país, se caracteriza por predominar el comercio de ganado, cerdos en pie, oro, comercio de diferentes mercaderías en general ya que es una zona fronteriza, Douglas se dedica a la venta de granos básicos, asi como frijoles, maíz entre otros el realiza sus compras a distribuidores de granos básicos que le surten dos veces a la semana y a productores de la zona compra al contado sus ventas las realiza en su domicilio por quintales y al detalle al contado y al crédito los que recupera semanal o quincenal, al igual se dedica a la compra venta de cerdos en comarcas aledañas y vende a los destazadores y comerciantes de la zona al contado y al crédito. El inicia su negocio con ahorros propios y uno de sus sueños es poder comprar su propia casa de habitación. El objetivo este crédito es para invertir en ambos negocios ya que su demanda ha crecido y necesita cubrir con sus pedidos.-

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

  • $4,800
    Average annual income
  • 131
    View loans »
    Nicaragua Loans Fundraising
  • $24,574,825
    Funds lent in using Kiva
  • 25.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Douglas Javier to invest in both activities: to buy pigs and to buy bulk grains like corn and beans.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 3, 2013
Listed
Oct 20, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2015