23-year-old Carlos is single and has no children. He comes from Jinotepe, a town in the northern part of the country. He is known as a hardworking and responsible person who has a great determination to succeed. Since he was a child he has worked hard to help with the household expenses. Unfortunately, he was not able to have an education due to his family's lack of financial resources... he is currently striving to improve his living conditions. His efforts and determination to get by have led him to set up his grocery business. He has a small shop where he sells groceries such as rice, beans, sugar, milk, bread, eggs, oil, fruit juice and fizzy drinks. He devotes 12 hours a day to his business. He is seeking the loan to invest in working capital and to stock his business buying and selling groceries so that, in the not too distant future, he will be able to boost his income. Carlos is grateful to Kiva lenders for enabling economically disadvantaged people to have a decent job and for the help they provide for poor countries such as Nicaragua.
Carlos de 23 años de edad, casado sin hijos, es originario de Jinotepe, lugar que está ubicado en la zona norte del país. Se caracteriza por ser trabajador, responsable, con ganas de superación personal. Desde muy joven ha luchado en la vida para ayudar con los gastos del hogar. Lamentablemente no pudo estudiar por las carencias económicas por la que su familia vivía... en la actualidad lucha para obtener mejores condiciones de vida.
Gracias a su esfuerzo y sus ganas de salir adelante tiene por actividad económica una pulpería, es un pequeña tienda que vende productos comestibles como arroz, frijoles, azúcar, leche, pan, huevos, aceite, jugos, gaseosas, El dedica a su negocio unas 12 horas diarias ofreciendo su producto. 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. Carlos 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.
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).
A loan of $1,375 helped Carlos Sebastian to invest in working capital and stock his business buying and selling groceries such as rice, beans, sugar, milk, bread, eggs, oil, fruit juice and fizzy drinks.