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Rafael Antonio
Rafael Antonio R. S. is 51 years old, is single, and has two children who are 27 and 30 years old respectively. Rafael started his business 12 years ago, with the sale of a small quantity of seafood. As he has learned the fishing trade he has converted this into his main source of income, and with the earnings he has established a small grocery store in his home.

He is seeking a loan for working capital, for the maintenance of his fishing boat, so that he can offer his customers different types of products. His dream is to establish a place to sell his products. He is going to repay the loan of 20,000 córdobas over 12 months.
View original language description ↓
El Señor Rafael Antonio R. S. tiene 51 años, está soltero, y tiene dos hijos de 27 y 30 años respectivamente. Don Rafael comienza con este negocio hace 12 años, por lo que inicia con la venta de pocos mariscos. Logra aprender este oficio convirtiéndolo en su medio de supervivencia, con las ganancias obtenidas ha logrado establecer una pulpería en su vivienda. Por lo que solicita el financiamiento para capital de trabajo por lo que necesita proporcionarle mantenimiento a su bote de pesca, y así podrá ofrecerles a sus clientes los diferentes tipos de productos. Sus sueños son de establecer un lugar para vender sus productos. El va a pagar el monto de 20.000 Córdobas el plazo es de 12 meses.

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
  • 153
    View loans »
    Nicaragua Loans Fundraising
  • $24,074,500
    Funds lent in using Kiva
  • 20.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Rafael Antonio working capital.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 29, 2009
Listed
Feb 25, 2009
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2010