Check out some available loans that are similar to this one!
Valerio Felipe
Valerio Felipe Hernández is 41 years old and single. Valerio has two children, both of whom are in school. His economic activity is pork butchering, which he has done for eight years. Previously, he sold pigs in León while living in Malpaisillo. Then he realized that butchering was better and decided to stay in this business. His goal is to continue in this business, as it is the primary source of income for his family. Valerio needs this funding to invest in the purchase of pigs, yucca, corn, potatoes and dough. He wishes to obtain more customers while at the same time giving them quality products. The amount he is requesting is 6,000 córdobas.
View original language description ↓
El Señor Valerio Felipe Hernández tiene 41 años de edad, su estado civil es soltero. Don Valerio tiene 2 hijos y todos sus hijos estudian. La actividad económica de Don Valerio es el destace de cerdo. Hace más de 8 años que se dedica a este negocio, anteriormente Valerio vendía cerdos a León, ya que antes vivía en malpaisillo y se dio cuenta de que lo mejor era el destace de cerdo y es así como decide quedarse con este negocio. Los propósitos de Don Valerio son de seguir con este negocio ya que es su principal fuente de ingresos para su familia. Es por eso que Don Valerio necesita este financiamiento destinado para capital de trabajo y así invertir en compra de cerdos, yuca, maíz, papa y masa. El deseo de Don Valerio es de obtener más clientes y al mismo tiempo darle la calidad de sus productos. La cantidad que Valerio 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
  • 144
    View loans »
    Nicaragua Loans Fundraising
  • $24,079,275
    Funds lent in using Kiva
  • 20.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Valerio Felipe working capital.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 27, 2009
Listed
Mar 31, 2009
Currency Exchange Loss:
Covered
Ended:
Aug 18, 2009