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Arles Agustin
Arles Agustín is 64 years old. This entrepreneur's business is a book store, which he started with a great deal of effort and with his small savings. He now has years of experience in this business. As a businessman, Arles is characterized by his perseverance towards achieving the goals he sets for himself, which are to have his own business and above all to be independent. Arlen Agustín is requesting a loan to buy merchandise for the book store, such as school supplies and decorations that are in demand among his customers.
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Arles Agustín tiene 64 años de esta, este emprendedor su actividad económica a la se dedica es a una librería que la emprende con mucho esfuerzos y con los poco ahorros que tenia, el ya tiene años de experiencia en el negocio al que se dedica. Arles como característica del emprendedor de perseverar a los objetivos que se propone que es de tener su propio negocio y sobre todo ser independiente. Arlen Agustín está solicitando crédito para comprar capital trabajo para la librería como son los útiles escolares y adornos que son los que demandan sus clientes.

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
  • 70
    View loans »
    Nicaragua Loans Fundraising
  • $25,754,375
    Funds lent in using Kiva
  • 23.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,175 helped Arles Agustin to buy school supplies and decorations.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Dec 20, 2011
Jan 22, 2012
Currency Exchange Loss:
Jan 19, 2013