Check out some available loans that are similar to this one!
Wilson
Wilson is 40 years, married and has two children ages 3 and 1. His wife does not have a job but she helps oversee his businesses. He has two of them: a convenience store is his main source of income and an internet cafe is another source. Wilson intends to acquire more computers and set up the internet cafe with all the amenities so he can meet demand since it's in one of the newest and fastest growing neighborhoods. He's been involved in the business for two years. Previously he was living in Matagalpa, but he got married in Leon and started his family there. With the loan he expects to invest in the convenience store and little by little improve the business' conditions, and this way he can improve his family's economic situation as well and make headway with the support of Kiva and the friendly hands looking to support his business ideas.
View original language description ↓
El señor Wilson N., tiene 40 años de edad, es casado, le tiene dos hijos con edades comprendidas entre los tres y un año de edad, no estudian todavia, su esposa no trabaj de manera directa en su lugar le ayuda a ver los negocio a su esposo, teniendo dos actividades, una pulperia que es la principal fuente de ingresos y un ciber siendo su segunda fuente de ingresos del hogar. Este señor tiene como proposito poder adquirir mas computadoras e instalar un ciber con todos los equipos a fin de cubrir la demanda del sector ya que es uno de los barrios mas nuevos que estan surgiendo donde tiene ubcado su negocio, este señor tiene dos años de deicarse a esta actividad, el anteriormente vivia en Matagalpa pero se caso aca en leon y aqui a formado su familia, Con el financiamiento pretende invertirlo en la pulperia y poco a poco ir mejorando las condiciones de los negocios, de esta manera darles condiciones economicas a su familia y salir adelante con el apoyo de nuestra institucion y de aquellas manos amigas que buscan apoyar las ideas de negocios.

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

  • $3,636
    Average annual income
  • 112
    View loans »
    Nicaragua Loans Fundraising
  • $23,731,525
    Funds lent in using Kiva
  • 19.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Wilson make improvements to the convenience store.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Oct 29, 2008
Listed
Oct 14, 2008
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2009