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Alejandro Ramon

Update on Alejandro Ramon

Alejandro Ramón, 41, is married and has 2 children aged 13 and 8. He is a native of Jicaral, a place located in the western part of the country. Alejandro is known for being a very hardworking and responsible man who is concerned for the welfare and future of his children. He has had a business for 1 years selling grocery items and stationery products, and so he is experienced in this line of work. He has change his line of work from before. His business is located in his house. He sells basic food products such as: rice, beans, bread, milk, sugar, eggs, juices, and soft drinks. He also sells stationery items such as notebooks, pencils, erasers, sheets of foam craft paper, glue, rulers, folders, and reams of paper. He started this business a number of years ago with the financial help of his father. Over time, he gradually grew the business, increasing his customer base and his earnings.

Alejandro Ramón needs a loan to invest in working capital to stock his small store, so that he can continue to strive for success day by day. Alejandro's daily routine is to work 12 hours a day to provide the best service to his customers. Alejandro Ramón appreciates the help that the Kiva lenders are providing to people who have few resources in poor countries like Nicaragua, so that they can have a means to a decent life.
View original language description ↓
Alejandro Ramón de 41 anos de edad, casado con dos hijos e 13, 8 anos de edad, es originario del Jicaral lugar que esta ubicado en la zona de occidente del país. Alejandro se caracteriza por ser un hombre muy trabajador y responsable, preocupado por el bienestar y futuro de sus hijos. Tiene por actividad económica una pulpería y librería desde hace 1 anos que tiene experiencia en el negocio.El cambio de actividad economica El negocio lo tiene ubicado en su casa de habitación. Y consiste en vender producto comestible de consumo diario para el hogar como arroz, frijoles, pan, leche, azúcar, huevos, jugos, gaseosas. Y productos de librería como cuadernos, lápices, borradores, fomi, pega, regla, folder, resma de papel. El negocio lo inicio hace varios anos con ayuda económica de sus padre. Y en la actualidad ha crecido poco a poco y a mejorado su clientela y ganancias. El financiamiento lo necesita para invertir en capital de trabajo y surtir su pequeño negocio y seguir luchando día a día. La rutina diaria de Alejandro es trabajar unas 12 horas diarias para brindarle mejor servicio a su clientela. Alejandro Ramón agradece la ayuda que los inversionistas kiva le brindan a personas de escasos recursos y países pobre como es Nicaragua para tener un medio de vida digno.

Previous Loan Details

Alejandro Ramón is 40 years old. He buys and sells cattle. He has been doing this for the past 13 years. He began this business in order to pay for the daily living expenses of his home. He has two young children that are dependent upon him. He is responsible for developing a business that can be... More from Alejandro Ramon'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
  • 35
    View loans »
    Nicaragua Loans Fundraising
  • $26,398,725
    Funds lent in using Kiva
  • 24.0
    Nicaragua Cordobas (NIO) = $1 USD
A loan of $925 helped Alejandro Ramon to buy rice, beans, bread, milk, sugar, eggs, juices, and soft drinks, and also stationery items such as notebooks, pencils, erasers, sheets of foam craft paper, glue, rulers, folders, and reams of paper.
Repayment Term
15 months (Additional Information)
Repayment Schedule
Oct 30, 2012
Nov 14, 2012
Currency Exchange Loss:
Dec 14, 2012