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Paulo Mauricio
Paulo Mauricio S. Campo is 42 years old and works selling household appliances like televisions, radios, tape recorders and refrigerators. This is his only source of income and support. He has worked in this job for the past 10 years and he sells the appliances as a street vendor. The loan is the help he needs for his business to get ahead. Paulo would like to own his own space to sell his appliances from. His challenge is to maintain his business even though the situation in his country is very difficult. The amount he needs is C$ 24.000 córdobas to be repaid in 12 months.
View original language description ↓
Paulo Mauricio S. Campo tiene 42 años. la actividad económica de don Paulo es la venta de electrodomésticos como televisores, radios, grabadoras y refrigeradoras y dice que esta es su única fuente de trabajo y ayuda. Hace más de diez años que se dedica a este negocio la venta de estos equipos la realiza de manera ambulante ya que los prestamos son la ayuda que el necesita para que su negocio pueda salir adelante. Los propósitos de Don Paulo son de poseer un lugar propio donde pueda ofertar sus electrodomésticos. Sus desafíos son de mantener su negocio ya que la situación en el país es muy difícil. La cantidad necesaria es de C$ 24.000 córdobas a un plazo 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
  • 112
    View loans »
    Nicaragua Loans Fundraising
  • $23,731,525
    Funds lent in using Kiva
  • 20.2
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Paulo Mauricio working capital.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 23, 2009
Listed
Mar 10, 2009
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2010