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Telson Misael

Update on Telson Misael

Telson Misael is of legal age, and he is married with two minor children. He is from the municipality of Chinandega, an area located within the western part of the country, where trade and tourism predominate.

He owns a business selling pigs, and occasionally he makes cash purchases of “growing pigs” from regions near his home.

The purpose of this loan is to purchase live pigs that are easily sold, and take advantage of the sales.

Telson is very thankful for the support that the Kiva lenders offer to people who have limited economic resources.
View original language description ↓
Telson Misael mayor de edad casado con dos hijos menores de edad, originario del municipio de Chinandega zona ubicada en el occidente del país, donde predomina el comercio, el turismo, es propietario de un negocio de compra venta de cerdos en pie,y en algunas ocasiones compra cerdos en desarrollo , los cuales compra al contado en comarcas aledañas a su hogar, el objetivo de este crédito es para la compra de un lote de cerdos en pie que se los vende cómodamente y aprovechar las ventas, Telson agradece mucho el apoyo que los inversionistas kivas les ofrece a personas de bajos recursos económicos.

Previous Loan Details

Telson Misael is 30 years old and has four children, two of whom depend on his income from working as a security guard. He is requesting this loan to make improvements consisting of replacing the floor of his house, which he has been unable to do in the past year due to a lack of resources as ... More from Telson Misael'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
  • 60
    View loans »
    Nicaragua Loans Fundraising
  • $26,432,925
    Funds lent in using Kiva
  • 25.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Telson Misael to purchase a batch of live pigs.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jan 16, 2014
Jan 22, 2014
Currency Exchange Loss:
Nov 17, 2014