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Cristhian Jose
Cristhian, who is 28 years old, is married and has three young children. He is from El Sauce, which is located in the northern area of the region. He is known to be hardworking, responsible, and driven to improve himself. Unfortunately, he wasn't able to get a higher education because he lacked the financial resources and had to start working at a young age to help with household expenses. Currently he fights every day in order to give his children a better future.

His effort and drive enabled him to start his own business, a small grocery store where he sells retail amounts of basic goods like rice, beans, milk, bread, eggs, juice, and detergent. He dedicates about twelve hours a day to his business, so that he can obtain higher income in the near future. The purpose of this loan is to invest in working capital and stock up on groceries for his business.

Cristhian appreciates the help that Kiva lenders offer people with limited financial resources in poor countries like Nicaragua so they can earn a decent living.
View original language description ↓

Cristhian de 28 años de edad, casado con tres hijos menores de edad, es originario del Sauce lugar que está ubicado en la zona norte de la región, se caracteriza por ser trabajador, responsable, con ganas de superación personal, lamentablemente por falta de recursos económicos no pudo cursar una carrera y se vio obligada a trabajar desde temprana edad, para ayudar con los gastos del hogar. En la actualidad lucha día a día para brindarles un futuro mejor a sus hijos.
Gracias a su esfuerzo y sus ganas de salir adelante tiene por actividad económica una pulpería es una pequeña tienda que vende productos comestibles en cantidades pequeñas como: arroz, frijoles, azúcar, leche, pan, huevos, detergente, jugos. El dedica a su negocio unas 12 horas diarias, para que en un futuro no muy lejano pueda obtener mejores ingresos. El objetivo del crédito es invertir en capital de trabajo y surtir su negocio en la compra y venta de productos comestible. Cristhian 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).

About Nicaragua

  • $3,636
    Average annual income
  • 119
    View loans »
    Nicaragua Loans Fundraising
  • $24,398,100
    Funds lent in using Kiva
  • 25.9
    Nicaragua Cordobas (NIO) = $1 USD
Expired
A loan of $700 helped Cristhian Jose to stock up on groceries for his business.
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 13, 2014
Listed
Apr 16, 2014
Currency Exchange Loss:
Possible
Expired:
May 16, 2014