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Nelson
With Florida’s warm weather, the air conditioning business is critical as everyone tries to escape the heat. Nelson immigrated from Cuba eight years ago, and since that time he has struggled to grow his air conditioning business. A family-run business, his daughter handles the accounting and his son-in-law is the main technician. However, as a small family business, they also support five other employees and more during peak seasons. He has also incorporated the green revolution by only offering the most energy-efficient air conditioners. But Nelson remains true to his early roots in the United States, and still works part-time at the grocery store that hired him when he first immigrated.

With this loan from ACCION USA, Nelson will be purchasing a new duct cleaner. He rents this equipment at present and by purchasing it will be able to save almost $24,000 a year! The purchase of this new equipment is a small step forward for Nelson’s ultimate dream – which is to operate a business with the most energy-efficient machinery available. More importantly, his dedication to his business and his family has inspired him to focus on major expansion in the coming years.

About United States

  • $54,800
    Average annual income
  • 30
    View loans »
    United States Loans Fundraising
  • $12,203,400
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $7,525 helped Nelson to purchase new equipment.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 15, 2011
Listed
Apr 24, 2011
Currency Exchange Loss:
N/A
Ended:
Aug 16, 2012