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Sebastian
Sebastián M. G. is 56 years old, is married, and has 4 children, 3 of whom are married and living independently. His youngest daughter is in her 4th year studying law. His life companion is a homemaker and does not work outside the home. Don Sebastián’s intention is to continue helping his daughter with her studies and to have the satisfaction of seeing her attain her career. Other desires of his are to have a tailoring workshop with enough business to hire people who really need the work and who are determined in this moment of their lives to work through difficult situations. His workshop would be a way to help these people. He wants to move forward for his family, an idea he most wants to realize and which he keeps in mind to help him succeed.


Don Sebastián works as a tailor making suits and pants for men and women. He has worked in this business for 30 years. When he was young he attended classes in a nearby school and in the afternoon would go to work in a tailoring shop. Because of his parents’ economic situation, he had to discontinue his studies. But he continued in the sewing workshop with the idea that he could pay for his studies that way. And so he became a tailor and set up his own business in his house. With the financing he will invest in his workshop, little by little, and increase his production of different styles of suits. Another thing he needs to do is to buy an industrial sewing machine that produces work of a higher quality that would in turn bring in more customers.

View original language description ↓
El señor de nombre Sebastián M. G. con la edad de 56 años, su estado civil es casado, quien tiene 4 hijos en total de los cuales 3 están casados, y no dependen de el solo su hija menor que cursa recientemente el 4 año de derecho, su compañera de vida no trabaja por lo que es ama de casa, uno de los propósitos que Don Sebastián tiene es seguirle ayudando a su hija en sus estudios y así podrá sentirse satisfecho al lograr que su hija corone su carrera, otros de sus deseos es de tener un taller de sastrería con un poco mas de condiciones para generar empleos a personas que realmente lo necesitan ya que en determinado momento de su vida el paso por situaciones muy difíciles y esta seria una manera de ayudar a estas personas, otros de sus propósitos es sacar adelante a su familia debido a que esta a sido una de las ideas que mas a querido realizar y que el mantiene en su mente para lograr sus propósito.

Don Sebastián tiene la actividad económica de sastrería que se basa en la realización de trajes, pantalones para mujeres y varones, el tiempo que tiene el negocio es de 30 años Don Sebastián da inicio a su negocio por sus padres normalmente solía acudir a sus clases en un colegio cercano por lo que en la tarde asistía a un taller de sastrería, debido a la situación económica que sus padres presentaron tuvo que descontinuar sus estudios pero continuo en el taller de costura con el propósito de el mismo pagarse sus estudios y de esta manera Don Sebastián logra trabajar en la sastrería y tener su propio negocio ubicado en su casa de habitación, el propósito de este financiamiento es para invertir poco a poco en su taller y aumentar su producción en las diferentes hechuras de sus trajes, otra de las cosas que necesita es comprar una maquina industrial para proporcionarle al cliente un tipo de trabajo mas fino y el pueda tener mas afluencia de clientes por su excelente trabajo.

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
  • 152
    View loans »
    Nicaragua Loans Fundraising
  • $24,072,325
    Funds lent in using Kiva
  • 19.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Sebastian working capital.
100% repaid
Repayment Term
3 months (Additional Information)
Repayment Schedule
At end of term
Disbursed:
Nov 23, 2008
Listed
Nov 8, 2008
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2009