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Jose Gabriel
José is 58 years old, and he's a hardworking man who loves his work. He has been offering welding services for more than 31 years. He started this business for himself because, at that time, he had 4 children to provide for. Today they all work independently, but he was of great help to them as he provided all the things they needed. He is requesting this current loan for business capital that will be used to buy raw materials for his workshop. His wish is to continue improving his home, which is also his work place.
View original language description ↓
José Gabriel tiene 58 años, es un hombre trabajador que ama su trabajo. El se dedica a ofrecer los servicios de soldadura hace mas de 31 años que se dedica a esta actividad, el inicia este negocio por cuenta propia ya que para en ese tiempo tenía que mantener a sus 4 hijos, que actualmente trabajan de manera independiente, pues le fue de gran ayuda ya que él les proporciono estudio y todas las cosas necesarias. El solicita actualmente este financiamiento para capital de trabajo que será destinado para la compra de materia prima para su taller. Su deseo es seguir acondicionando su vivienda que es lugar de su trabajo.

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

  • $4,800
    Average annual income
  • 56
    View loans »
    Nicaragua Loans Fundraising
  • $26,296,575
    Funds lent in using Kiva
  • 21.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Jose Gabriel business capital.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Feb 19, 2010
Mar 1, 2010
Currency Exchange Loss:
May 15, 2011