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Denis Noel
Mr. Denis Noel M. U. is 40 years old, and single. He sells clothing, such t-shirts, underwear, socks, and camisoles, among other items. He has been doing this for more than three years. Before, he worked as a laborer, but thanks to a rough economic situation was laid off. This is why he decided to survive by selling clothing, and the majority of his clients buy on credit.



Mr. Denis's goals are to grow his business, since he is now going street to street selling his wares. For this reason, he is asking for a loan for working capital. Mr. Denis dreams of having a stable place to offer a variety of products to his customers. He is asking for $6,000 córdobas (about $300 US).

View original language description ↓
El Señor Denis Noel M. U. tiene 40 años de edad, su estado civil es soltero. Don Denis se dedica a la actividad económica de la venta de mercadería en general como camisetas, ropa interior, calcetines, camisolas y otros. Hace mas de tres años que se dedica a esta actividad económica ya que anteriormente trabaja en una empresa de obrero pero debido a la situación fue despedido por lo que decide sobrevivir con el negocio de la venta de ropa por lo que la mayoría de sus clientes le realizan los pedidos al crédito. Los propósitos de Don Denis son de ampliar su negocio ya que el recorre las diferentes calles para ofrecer sus productos. Es por eso que recurre a los financiamientos previstos para capital de trabajo. Los sueños que Don Denis son de tener un lugar estable para ofrecer sus productos a sus clientes una variedad de mercadería. La cantidad que solicita es de C$ 6.000 córdobas.

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
  • 174
    View loans »
    Nicaragua Loans Fundraising
  • $23,211,000
    Funds lent in using Kiva
  • 20.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Denis Noel working capital.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 9, 2009
Listed
Mar 20, 2009
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2009