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Gabriel Gertrudis
Gabriel Gertrudis V. O. is fifty-five years old and married. He has four children and they all work. Gabriel's business is owning and managing a restaurant. For over fifteen years he has been in this business and works with this children while his wife attends every day of the week, although weekends are the busiest days. Gabriel's objectives are to expand his business in order to provide more comfort to his customers. This is why he decided to visit the Fundacion Leon 2000 offices with the purpose of investing in this business with work capital to purchase chickens, vegetables, grains, soda pops and condiments. He desires to acquire a locale that is exclusive for business activities. The amount he requests is $750 USD.
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Gabriel Gertrudis V. O. tiene la edad de 55 años, su estado civil es casado. Don Gabriel tiene 4 hijos y todos trabajan. La actividad económica de Don Gabriel es un restaurante. Hace mas de 15 años que se dedica a este negocio el labora con sus hijos y su esposa atiende todos los días de la semana, pero los fines de semana son los días de mayor actividad. Los propósitos de Don Gabriel son de ampliar su negocio para proporcionarles más comodidad a sus clientes. Es por este motivo que don Gabriel decide visitar las oficinas de Fundación León 2000 con el propósito de invertir en negocio destinado para el capital de trabajo para la compra de pollo, verduras, granos básicos, gaseosas y condimentos. Sus deseos son de obtener un local que sea exclusivo para eventos empresariales. La cantidad que solicita es de C$ 15.000 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
  • 59
    View loans »
    Nicaragua Loans Fundraising
  • $23,440,725
    Funds lent in using Kiva
  • 20.2
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Gabriel Gertrudis work capital.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 19, 2009
Listed
Mar 22, 2009
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2009