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Juan Jose

Update on Juan Jose

Juan José, 54 years old, married, with two children who are minors, has a business selling cheese, in which he has made a living for four years. He began with the help of a brother and money that his wife sent to him because she left to work outside of the country due to the economic crisis that they were going through. The cheese he distributes as a traveling vendor to a local store in town and to the market merchants that are his regular and prospective customers. Like others, he has put forward goals and objectives such as to finish educating his children as they are students and to finish making improvements to his house.

He needs the financing in order to buy the different types of cheeses to satisfy the demands of his clients, such as: smoked cheeses, roasted cheeses, cream cheeses, fresh (soft) cheeses, hard (aged) cheeses, butters, cheese for 'quesillos' (a tortilla filled with a type of soft cheese) and curds, among others.
View original language description ↓
Juan José de 54 años de edad, casado, con 2 hijos menores de edad , tiene por actividad económica la venta de queso, a la cual se dedica desde hace 4 años, lo inicio con ayuda de un hermano dinero que la esposa le mandaba porque se fue a trabajar fuera del país debido a la crisis económica por la cual estábamos atravesando, el queso lo distribuyo de forma ambulante a pulpería de la localidad y comerciantes del mercador que son clientes fijos y eventuales, como toda persona me he propuesto metas y objetivos como son terminar de formar a mis hijos ya que están estudiando, terminar de hacerle las mejoras a mi casa. El financiamiento lo necesito para comprar el distinto tipo de queso y satisfacer la demanda de mis clientes como: queso ahumado, asado, de crema, fresco, seco, mantequillas, queso de quesillos, cuajadas, entre otros.

Previous Loan Details

Juan is 53 years old and married. He and his wife have two children in their care. Juan's business is selling dairy products. He makes his sales as an itinerant street vendor outside the market. For the past three years, from very early in the morning, he has been selling these products to al... More from Juan Jose's previous loan »

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).

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About Nicaragua

  • $4,800
    Average annual income
  • 64
    View loans »
    Nicaragua Loans Fundraising
  • $26,432,925
    Funds lent in using Kiva
  • 23.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Juan Jose to buy an assortment of cheeses.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Aug 6, 2012
Aug 24, 2012
Currency Exchange Loss:
Jun 18, 2013