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Gerald Jose
Gerald is 30 years old and single with no children. He is originally from Leon, which is located in the western part of the country. He is entrepreneurial, hardworking, responsible, and has a desire for personal growth. In his free moments he likes to enjoy the company of friends and have fun healthily. He completed his basic education but was unable to complete a university degree due to lack of financial resources. He would have liked to study graphic design.

Thanks to his effort and desire to get ahead, he makes a living screen printing. It is a printing technique used for reproducing documents and images on whatever type of material. It involves transferring ink through stretched mesh in a frame. Passing the ink blocks the areas where there is no image by means of emulsion. This activity can be applied to shirts, mugs, and drinking glasses. He dedicates 10 hours per day to this activity.

The goal of this loan is to invest in working capital to buy raw goods such as shirts, ink, mesh, and drinking glasses, so that in the near future he can increase his income. Gerald is grateful for the help that Kiva lenders provide to people with limited resources and to poor countries such as Nicaragua in order to have the means for a respectable job.
View original language description ↓
Gerald de 30 años de edad, soltero sin hijos, es originario de Leon, lugar que está ubicado en la zona de occidente del país. Se caracteriza por ser emprendedor, trabajador, responsable, con ganas de superación personal, en sus ratos libres le gusta disfrutar de la compañía de amigos y divertirse sanamente. El estudio sus estudios básicos, pero no pudo cursar una carrera universitaria, por falta de recursos económicos pero le hubiera gustado estudiar diseño grafico.

Gracias a su esfuerzo y sus ganas de salir adelante tiene por actividad económica La serigrafía es una técnica de impresión empleada en el método de reproducción de documentos e imágenes sobre cualquier material, y consiste en transferir una tinta a través de una malla tensada en un marco, el paso de la tinta se bloquea en las áreas donde no habrá imagen mediante una emulsión. Y esta actividad la aplica en camisetas, tasas, vasos. El dedica a su negocio unas 10 horas diarias desempeñando su actividad. El objetivo del crédito es invertir en capital de trabajo para comprar materia prima como camisetas, tintas, malla, vasos, para que en un futuro no muy lejano pueda obtener mejores ingresos. Gerald 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
  • 169
    View loans »
    Nicaragua Loans Fundraising
  • $23,230,825
    Funds lent in using Kiva
  • 25.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $875 helped Gerald Jose to stock his business with items for screen printing such as shirts, ink, mesh, and glasses.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 27, 2013
Listed
Jan 19, 2014
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2014