Nicaragua > Fundación Leon 2000

About the Field Partner

Field Partner:

Fundación Leon 2000

Field Partner Risk Rating:

(Learn more)

19 months

1489

$768,850

0.00%

0.00%

Currency Exchange Loss Rate:

0.00%

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Kiva Fundraising Status

Fundraising Status:	Active
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Other Information Sources

MIX Profile:	View MIX Profile
Network Affiliation:	Katalysis Bootstrap Fund
Social Performance Reporting Level:	N/A
Consumer Protection Principles:	N/A
Field Partner Website:	View Website
Email Contact:	None

Foundation Leon 2000 is an organization with reliable service and credit leaders targeted at the micro, small and medium enterprises. We support the socio-economic development of the west of the country, providing financial and non-financial services that are agile, efficient and of high quality.

Our credit programs provide advice according to the needs of your business and ability to pay. If you want to grow, we want to be part of your growth. We provide financial advice and assistance to the areas of Production, Trade, Industry, and Service.

We have two notable social agendas currently in use. The "Merry Christmas" program, whose goal is to offer “gifts of smiles”, provides toys to children living in extreme poverty. The second program, “Sponsor a Child", aims to provide a supportive education for children in Nicaragua. With the help of people who share our motto, "with your help, I can change my life", the sponsorship is currently aimed at 12 study centers in areas of extreme poverty.

Recently, the Foundation Leon 2000 received Recognition for Excellence, a prize that is awarded each year by the Katalysis Network to partner microfinance institutions that have shown strong financial performance and achieved high performance standards in microfinance development. Additionally, the Mix Market, an organization that reviews the overall transparency, quality, and reliability of a microfinance institution’s process and information, recognized Foundation Leon 2000 with the highest award of five stars (twice; in 2005 and 2006).

Please explore our institution and engage more dutifully with our motto, "Financial to Social Responsibility.”

For more information about Fundacion Leon, please take a look at this video: Fundacion Leon Video

Join our lending team: "Fundación León 2000"

Repayment Performance on Kiva

		This Field Partner	All Kiva Partners
	Start Date On Kiva	Apr 10, 2008	Oct 12, 2005
	Total Loans	$768,850	$101,929,710
	Amount of Raised Inactive Loans	$0	$111,475
	Number Of Raised Inactive Loans	0	164
	Amount of Paying Back Loans	$487,200	$44,703,125
	Number Of Paying Back Loans	870	63,327
	Amount of Ended Loans	$281,650	$57,115,110
	Number Of Ended Loans	537	83,635
	Delinquency Rate	0.00%	4.28%
	Amount of Paying Back Loans Delinquent	$0	$1,913,000
	Amount of Paying Back Loans	$487,200	$44,703,125
	Number of Paying Back Loans Delinquent	0	6,018
	Default Rate	0.00%	1.96%
	Amount of Ended Loans Defaulted	$0	$1,119,957
	Amount of Ended Loans	$281,650	$57,115,110
	Number Of Ended Loans Defaulted	0	3,369
	Currency Exchange Loss Rate	0.00%	0.00%
	Amount of Currency Exchange Loss	$0	$0
	Refund Rate	0.90%	1.09%
	Amount of Refunded Loans	$6,900	$1,112,375
	Number Of Refunded Loans	14	1,446
Updated as of November 21, 2009 12:56 AM

Loan Characteristics On Kiva

		This Field Partner	All Kiva Partners
	Loans to Women Entrepreneurs	75.24%	78.21%
	Average Loan Size	$521	$403
	Average Individual Loan Size	$548	$591
	Average Group Loan Size	$506	$1,494
	Average Number Of Entrepreneurs Per Group	2.2	0
	Average GDP Per Capita (PPP) in Local Country	$3,636	$3,465
	Average Loan Size / GDP Per Capita (PPP)	15.03%	11.64%
	Average Time To Fund A Loan	4.94 days	2.27 days
	Average Dollars Raised Per Day Per Loan	$105.45	$177.73
	Average Loan Term	10.69 months	9.31 months
Updated as of November 21, 2009 12:56 AM

Journaling Performance on Kiva

		This Field Partner	All Kiva Partners
	Total Journals	301	51642
	Journal Coverage	20.31%	28.22%
	Journal Coverage, Kiva Fellows	0.00%	0.21%
	Journal Frequency (Average Per Loan Per Year)	0.41	0.32
	Average Number Of Recommendations Per Journal	8.77	10.30
Updated as of November 21, 2009 12:56 AM

Borrowing Cost Comparison

	This Field Partner	Median for MFI Peers in Country	All Kiva Partners
Average Interest Rate and Fees Borrowers Pay (Portfolio Yield)	36%	31%	35.21%
Average Loan Size (% of Per Capita Income)	69%	73%	23.43%
Average Partner Return On Assets	-1%	4%	0.24%