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Ariel Antonio
Ariel is 29 years old, married, and has a son. He is originally from Leon, in the west of the country. Ariel is responsible and hard-working and wants to do better. Ariel wakes up very early every day in order to prepare his sales. He works optimistically and enthusiastically, and likes his work as, with it, he supports his family. Ariel is fighting every day in order to earn the money to provide his young son with a better future.

Thanks to his efforts and his desire to get ahead, Ariel works selling dairy products such as milk and curd. He is a street vendor and also sells from his home. Ariel works around 12 hours per day, selling his products. This loan will be used to invest in working capital and to stock up his business by buying dairy products so that, in the not-too-distant future, he can earn a higher income. Ariel is grateful to Kiva lenders for supporting poor countries such as Nicaragua and for the help they provide to people with little money, so that they can have a decent job.
View original language description ↓
Ariel de 29 años de edad, casado con un hijo menor de edad, originario de Leon, lugar que está ubicado en la zona de occidente del país. Se caracteriza por ser responsable y trabajador, con superación personal. Él desde muy temprano se levanta a preparar la venta de todos días, con optimista y entusiasmo, actividad que la desempeña con mucho gusto porque es el sustento de su familia. Dentro de sus carencias económicas lucha día a día para brindarle un futuro mejor a su pequeño hijo.

Gracia a su esfuerzo y sus ganas de salir adelante tiene por actividad económica la venta de productos lácteos como leche, crema cuajada de forma ambulante y en su casa de habitación. El dedica a su negocio unas 12 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 productos lácteos, para que en un futuro no muy lejano pueda obtener mejores ingresos. Ariel 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).

About Nicaragua

  • $4,800
    Average annual income
  • 126
    View loans »
    Nicaragua Loans Fundraising
  • $24,597,675
    Funds lent in using Kiva
  • 24.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Ariel Antonio to invest in working capital and stock up his business of buying and selling dairy products such as milk and curd.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 22, 2013
Listed
Nov 15, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014