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Mario Antonio
Mario is a 40-year old man, who is married and has two minor children. He likes to spend his free time with his children. He's originally from Sauce, located in the north of the country. He's a hard-working and responsible man, and has a strong willingness of self-improvement. Unfortunately, he could not attend university and had to start working and help with household expenses when he was very young.

Thanks to his hard work and willingness to get ahead, he runs a grocery store where he sells food items, such as rice, beans, sugar, milk, bread, soap, detergent and matches. He works for 12 hours every day.

He plans to invest the loan in working capital and to provide his business with food products so that he can have better income in the near future. Mario is grateful to Kiva lenders for supporting people with limited resources in poor countries like Nicaragua so that they can have a decent job.
View original language description ↓
Mario de 40 años de edad, casado con dos hijos, menores de edad. En sus ratos libre le gusta disfrutar de la compañia de sus hijos. Es originaria del Sauce lugar que está ubicado en la zona norte del país. Se caracteriza por ser un hombre trabajador, responsable, con ganas de superación personal. Lamentablemente no pudo cursar una carrera y se vio obligada a trabajar desde temprana edad, para ayudar con los gastos del hogar.
Gracias a su esfuerzo y sus ganas de salir adelante, tiene por actividad económica una pulpería, es una pequeña tienda que vende productos comestibles como arroz, frijoles, azúcar, leche, pan, jabón, detergente, fósforos. 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 comestibles, para que en un futuro no muy lejano pueda obtener mejores ingresos. Mario 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

  • $3,636
    Average annual income
  • 115
    View loans »
    Nicaragua Loans Fundraising
  • $23,803,650
    Funds lent in using Kiva
  • 25.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Mario Antonio to invest in working capital and to provide his business with food items, such as rice, beans, sugar, milk, bread, soap, detergent and matches.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 6, 2013
Listed
Jan 3, 2014
Currency Exchange Loss:
Possible
Ended:
Feb 28, 2015