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Jose Antonio
José Antonio M. P. is 45 years old, married, and the father of two adult children of whom one is a university student. He operates a bicycle repair shop and also sells bicycle parts. His business has been serving the population of Bluefields for approximately 25 years.

One of the advantages of his business is that it is only one of two shops in the area to provide repair services to the numerous bicycles that exist within the city. José was the beneficiary of a previous Kiva loan, which has since been repaid. He wants to take this opportunity to thank the Kiva lenders and ADEPHCA for providing that loan.

Like other businesses, he sees more activity during the Christmas season. Many young people and teenagers receive bicycles as Christmas presents, so the demand for spare parts and repair services is much higher during this time of the year.

José will use this loan to purchase the following parts:

• 30 units of bicycle tube #26 @ $2 USD/unit
• 30 units of bicycle tube #24 @ $2 USD/unit
• 60 units of #26 bicycle wheels @ $3 USD/unit
• 50 units of #24 bicycle wheels @ $3 USD/unit
• 40 units of #26 bicycle rims @ $5 USD/unit
• 30 units of #24 bicycle rims @ $5 USD/unit
View original language description ↓
El microempresario: José Antonio M. P. tiene 45 años de edad, es casado con dos hijos mayores de edad y actualmente se encuentran estudiando en la universidad. El negocio del señor M. es un taller de reparación y venta de repuestos para bicicletas, este negocio tiene aproximadamente unos 25 años de estar prestando servicios a la población Blufileña.

Una de las ventajas del negocio es que en la ciudad hay una cantidad considerable de bicicletas y solamente existen dos talleres que brindan este servicio. El microempresario M. ya fue beneficiado con un préstamo por parte de kiva, el cual ya cancelo y aprovecha para agradecer a los prestamistas que confiaron en el y le hicieron el préstamo al igual que a kiva y también a ADEPHCA.

Al igual que otros negocios, tanto la venta de repuestos como las reparaciones de bicicletas aumentan ya que muchos jóvenes y adolescentes reciben de regalo una bicicleta para estos días de navidad y requieren este servicio. Esta solicitando se le financie para comprar los siguientes repuestos: 30 unidades de Tubos de bicicleta Nº 26 y 30 unidades de Tubos de bicicleta Nº 24, los compra a US 2 dólares cada unidad, 60 unidades de llantas de bicicleta Nº 26 y 50 unidades de llantas de bicicleta Nº 24 compra cada unidad a US 3 dólares, 40 unidades de Rin para bicicleta Nº 26 y 30 unidades de Rin para bicicleta Nº 24, los compra a US5 dólares cada unidad.

Additional Information

Important Information

Please note that Kiva considers loans from this Field Partner, ADEPHCA, to be particularly high risk. This organization is very small and started working with Kiva before certain core risk and due diligence policies were put into place. ADEPHCA organization would not fit under Kiva’s current partnerships criteria because they do not have any audited financial statements, they do not have established internal controls, and they currently have no other sources of funding than Kiva. Kiva continues to allow ADEPHCA to raise funds on the website for two reasons. First, if Kiva were to abruptly end the partnership we believe there would be a higher risk of loss for lenders, since cutting off the Kiva funding source would put ADEPHCA in a financially distressed position. In addition, since ADEPHCA provides loans in some of the poorest and most remote areas of Nicaragua where there are almost no other options for funding, we believe these loans could still be of interest to lenders even considering the increased risk.

About Nicaragua

  • $3,636
    Average annual income
  • 146
    View loans »
    Nicaragua Loans Fundraising
  • $24,071,325
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $800 helped Jose Antonio purchase bicycle parts.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Dec 7, 2009
Dec 3, 2009
Currency Exchange Loss:
Dec 15, 2010