Check out some available loans that are similar to this one!
Vicente Elias
Vicente Elias , 39 years old, is married and has two children. He is from Chinandega, a commercial and tourist area. He is a small business owner and manager of an upholstery workshop in which he does all kinds of upholstery work such as living room sets, vehicles, tricycles, canopies, etc. He also rents canopies for all occasions. He learned this business from his older brother, and now he has had his own business for fifteen years. He makes all of his purchases in cash and he has both regular and occasional customers.
Vicente is known for being hardworking, responsible, and eager to self improvement. He has slowly been growing his clientele through the quality and good service he provides his customers. One of his dreams is to improve his quality of life by increasing his working capital and to see his children become professionals. Because the demand for canopy rentals has increased, the goal of this loan is to invest in working capital by purchasing materials to build canopies, such as tubes, faux leather upholstery, thread, glues, etc.
View original language description ↓
Vicente Elias 39 años de edad casado con dos hijos menores de edad originario de Chinandega zona que se caracteriza por ser productivamente comercial y turística, es un microempresario y administrador de un taller de tapicería en el cual realiza todo tipo de trabajos de tapizados como: juegos de salas, vehículos, triciclos, carpas y otros, tambien tiene el alquiler de toldos para toda ocasión, negocio el cual aprende gracias a su hermano mayor y hoy en día tiene ya quince años de dedicarse a este negocio propio, sus compras son al contado, tiene clientes fijos y eventuales, Vicente se caracteriza por ser un hombre trabajador, responsable, con muchos deseos de superación personal, poco a poco ha ido incrementando su clientela gracias a la calidad y el buen servicio que presta a sus clientes, uno de sus sueños es poder mejorar su calidad de vida aumentando su capital de trabajo y el de ver a sus hijos todos unos profesionales, el objetivo de este financiamiento es para invertir en capital de trabajo en la compra de materiales y poder armar toldos los que debido a la demanda ha incrementado por el alquiler de los toldos como: tubos, cuerina para tapizar, hilos, pezas entre otros.

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).

Tags

About Nicaragua

  • $3,636
    Average annual income
  • 123
    View loans »
    Nicaragua Loans Fundraising
  • $23,814,675
    Funds lent in using Kiva
  • 26.0
    Nicaragua Cordobas (NIO) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $1,000 helped Vicente Elias to buy materials to build canopies, such as tubes, faux leather upholstery, thread, glues, etc.
67% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 28, 2014
Listed
Jul 16, 2014
Currency Exchange Loss:
Possible