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Engels Daniel
Engels Daniel I. E. is 30-years old, is single and has no children. Engels is a young entrepreneur who has been able to survive difficult times and now hopes to have a steady source of income to cover his household expenses. He wishes to remodel his house and improve his living conditions, so that if he one day has a family he can offer his wife and children a good home. He dreams of working for himself and having his own business. It will take a lot to accomplish his goals, but he is dedicated to accomplishing them.

Engels has an internet services business located across from the bus terminal in León. He started his business 3 years ago when he was looking for work with a steady flow of customers. He obtained money to start his business and offered such good service that he had to expand his business to include telephone lines, Movistar cellular phone credit, and internet, among other things. This loan will be used to install telephone booths, purchase equipment, and stock phone credit from different cellular companies.
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El Joven Engels Daniel I. E. tiene la edad de 30 años, su estado civil es soltero por lo tanto no tiene hijos, Engels ha sido un joven emprendedor que ha podido sobrevivir a las difíciles situaciones que se le han presentado y ahora sus propósitos son contar con una fuente de ingresos con la que pueda sustentarse y ayudar en los gastos de su hogar sus deseos son remodelar su vivienda para tener mejores condiciones y un mejor nivel de vida y si algún día llega a formar un hogar pueda tener que ofrecer a su esposa e hijos sus sueños son dejar de trabajar de forma dependiente y dedicarse por completo al cuido de su propio negocio por lo que sus aspiraciones a cumplir son muchas pero sus propósitos son su mayor prioridad a cumplir.

Su actividad económica es la de servicio de cyber, la ubicación de su negocio es frente a la Terminal de buses en León, el tiempo que tiene de conservar su negocio es de 3 años, sus inicios se dan con la idea de contar con un negocio que ha tenido afluencia y solicito un cantidad de dinero para establecer este negocio y debido al buen servicio que ofrece en su negocio ha logrado obtener mas clientes por lo cual ha visto la necesidad de ampliar los servicios hoy en día ofrece recargas electrónicas movistar y claro llamadas telefónicas, servicio de Internet entre otras cosas, el financiamiento es para capital de trabajo que será utilizado para instalar cabinas telefónicas, compra de mas equipos y abastecerse en recargas de ambas compañías distribuidoras.

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
  • 67
    View loans »
    Nicaragua Loans Fundraising
  • $23,659,150
    Funds lent in using Kiva
  • 19.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Engels Daniel working capital.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 19, 2009
Listed
Jan 20, 2009
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2009