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Jose Leonel
José Leonel, 47, is married and a responsible father of two minor children. He’s from León, a place located in the country’s western zone. José Leonel is noted for being hardworking, responsible with a wish for self-improvement. Sadly, for lack of economic resources he was unable to study a career and had to start working at a young age to help with household expenses.

Thanks to his effort and his desire to get ahead, his economic activity is selling new clothes like pants, shirts, underwear, children’s camisoles, Lycra, pantyhose and towels. He spends about 10 hours at work daily selling his goods.

The loan’s objective is to invest in working capital to stock the store with merchandise to sell so that in the not too distant future his earnings will increase.

José Leonel thanks Kiva lenders for the support they provide to people of scarce resources and to poor countries like Nicaragua so they can have ways of earning a living with dignity.
View original language description ↓
José Leonel de 47 años de edad, casado, padre responsables con 2 dos hijos menores de edad. Es originario de Leon, lugar que está ubicado en la zona de occidente del país. José Leonel se caracteriza por ser trabajador, responsable, con ganas de superación personal. Lamentablemente por falta de recursos económicos no pudo cursar una carrera y se vio obligada a trabajar desde temprana edad. Para ayudar con los gastos del hogar.

Gracia a su esfuerzo y sus ganas de salir adelante, tiene por actividad económica la venta de ropa nueva como pantalones, camisas, ropa interior, camisolas de niños, licras, pantimedias, toallas. Ella dedica a su negocio unas 10 horas diarias ofreciendo sus productos. El objetivo del crédito es invertir en capital de trabajo y surtir su negocio en la compra y venta de mercadería para que en un futuro no muy lejano pueda obtener mejores ingresos. José Leonel 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 digno.

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).

Tags

About Nicaragua

  • $3,636
    Average annual income
  • 109
    View loans »
    Nicaragua Loans Fundraising
  • $23,723,925
    Funds lent in using Kiva
  • 25.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Jose Leonel to buy stock merchandise for his store.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 3, 2013
Listed
Nov 11, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2014