Check out other loans that are currently fundraising!
Felix Alberto
Felix, who is 61 years old, is married and has two adult children. He is from Leon, which is located in the western area of the country. He is known to be hardworking and responsible, and for his drive to improve himself. Ever since he was very young, he worked in order to help with home expenses, due to lacking financial resources.

Thanks to his effort and his will to get ahead, he has a business selling clothing, cosmetics, and food items, such as pants, shorts, shirts, dresses, skirts, towels, underwear, bedding, rouge, lipstick, body lotions, rice, beans, matches, and juice. His business is located in his home and he also sells door-to-door to regular and occasional customers. He dedicates about eight hours a day to his business, offering his products.

The purpose of this loan is to invest in working capital by purchasing merchandise to stock his business so that he can earn a higher income in the near future. Felix appreciates the help Kiva lenders offer people with limited financial resources from poor countries like Nicaragua in order for them to earn a decent living.
View original language description ↓
Felix de 61 años de edad, casado con hijos mayores de edad, originario de Leon, lugar que está ubicado en la zona de occidente del país. Se caracteriza por ser trabajador, responsable, con ganas de superación personal. Desde muy joven de dedico a trabajar para ayudar con los gastos del hogar por falta de recursos económicos.

Gracias a su esfuerzo y sus ganas de salir adelante tiene por actividad económica la venta de ropa, comesticos, y productos comestibles como: pantalones, short, camisas, vestidos, faldas, toallas, ropa interior, ropa de cam, rubor, labiales, crema de cuerpos, arroz, frijoles, fosforos, jugos. El negocio lo tiene ubicado en su casa de habitación de forma ambulante por encargo a clientes fijos y eventuales. Ella dedica a su negocio unas 8 horas diarias ofreciendo sus productos. El objetivo del crédito es invertir en capital de trabajo y surtir su negocio en la compra de mercadería para que en un futuro no muy lejano pueda obtener mejores ingresos. Felix agradece la ayuda que los inversionistas kiva le 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

  • $4,800
    Average annual income
  • 124
    View loans »
    Nicaragua Loans Fundraising
  • $24,546,650
    Funds lent in using Kiva
  • 25.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Felix Alberto to stock up on merchandise like pants, shorts, shirts, dresses, skirts, towels, underwear, and bedding.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 8, 2013
Listed
Oct 30, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2014