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Lazaro Gabriel
Lázaro Gabriel is single, 22 years old, and a native of one of the municipalities of Chinandega, located in the west of the country in a predominantly commercial sector and where there is one of the nation's largest refineries.

He is characterized as a young worker, responsible, eager to improve himself. He is a micro-entrepreneur who owns and operates a carpentry workshop where he works with several assistants who are paid biweekly. He offers all kinds of furniture such as armoirs, doors, windows, beds, cribs, dressers, pantries, sets of rocking chairs, dining sets and all types of commercial furniture as well as catalogs for special orders. All his work is of high quality.

His sales are made to merchants and dealers in the surrounding area. He started his business with the help of his father who encouraged him in this business and later he became well-known for his work.

One of his dreams is to build his own home with better conditions, and to grow his business. The purpose of this loan is to invest in capital and the work by purchasing wood, nails, screws, veneers, lacquers, glue, steel wool, hinges, locks, etc. in order to meet the demands of customers ordering furniture.
View original language description ↓
Lázaro Gabriel 22 años de edad soltero, originario de uno de los municipios de Chinandega, ubicado en el occidente del país, zona donde predomina el comercio, producción y donde existe uno de los ingenios mas grande del país, se caracteriza por ser un joven trabajador, responsable, con muchos deseos de superación personal, es un microempresario quien es propietario y administrador de un taller de ebanistería en cual trabaja con varios ayudantes el cual les paga quincenal, ofrecen todo tipo de muebles como: roperos, puertas, ventanas, camas, cunas, cómodas, muebles de pantris, juegos de sillas mecedoras, comedores y todo tipo de muebles comerciales y de catálogos por encargos, entre otros todos de gran calidad, sus compras las realiza en aserradores y a comerciantes de comarcas aledañas a su localidad, inicia su negocio con ayuda de su papa quien lo incentivo a este negocio y luego fue dándose a conocer su trabajo, uno de sus sueños es poder edificar su propia casa con mejores condiciones, y el de crecer en su negocio, el objetivo de este financiamiento es para invertir en capital e trabajo en la compra de madera, clavos, tornillos, zener, lacas, pega, lanillas, visagras, cerraduras, entre otros, para suplir varios pedidos de clientes que le encargaron muebles.

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
  • 62
    View loans »
    Nicaragua Loans Fundraising
  • $23,461,725
    Funds lent in using Kiva
  • 26.1
    Nicaragua Cordobas (NIO) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $775 helped Lazaro Gabriel to purchase raw material such as wood, screws, glue, veneer, cane, nails, steel wool, hinges and other items.
61% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 25, 2014
Listed
Apr 12, 2014
Currency Exchange Loss:
Possible