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Juan Francisco
Juan is originally from the department of Leon. He is 46 years old, married, and he is the father of a family. He has 5 children although he supports 3 because the others are grown and they live independently. Juan is a furniture and automotive upholsterer. He started this business when he was 18 years old and when he married his first wife he inherited the business from his father-in-law. He became a widow when he was 23 and that is when he moved his business to his own space to work upholstering furniture. He went to the United States to work for a furniture company. That experience lasted 4 years and later he came back to his city of origin to work and to put into practice the skills he acquired.

He requested a loan to purchase materials to work with, such as leather, damask fabric, rolls, threads, staples, carpeting, upholstering foam (liners) for furniture and vehicles. This loan will help him to develop his business and to have more products to offer. He will be able to purchase more materials for his business to increase production. In the future he wants to start a furniture store. He would like to expand into a western region and to start up a small store in Chinandega.
View original language description ↓
El señor Juan, el es originario del departamento de León, de 46 años de edad, esta casado, es padre de familia, tiene 5 hijos, el mantiene a 3 de ellos pues el resto son mayores y viven independientes de el , don Juan se dedica a la tapicería de muebles y asientos de vehículos. Inicio este negocio cuando el tenia 18 años de edad cuando se caso con su primera esposa el heredo el negocio de su suegro , el enviudo a los 23 años, fue cuando el instalo por su cuenta en un nuevo lugar el negocio propio de tapizar muebles, después se fue a los Estados Unidos a trabajar en una compañía donde elaboraban muebles esa experiencia fue de 4 años después regreso a su ciudad a trabajar y poner su negocio empleando sus conocimientos adquiridos.
Solicito el préstamo para comprar material de trabajo como cuero, damasco, rollos, hilos, grapas, alfombras, esponjas para tapizar (forrar) muebles y vehículos. Este crédito le ayudara a desarrollar su negocio, tener más productos que ofrecer y a comprar mas material de trabajo para producir mas. El planea en lo futuro poner una mueblería, pues le gustaría expandirse en la zona de occidente instalar mini tiendas en Chinandega.

About Nicaragua

  • $4,800
    Average annual income
  • 128
    View loans »
    Nicaragua Loans Fundraising
  • $24,581,200
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $800 helped Juan Francisco to purchase materials such as leather, damask fabrics, rolls, threads, staples, carpeting, and sponges to upholster furniture and vehicles.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 14, 2011
Listed
Jun 3, 2011
Currency Exchange Loss:
N/A
Ended:
Nov 15, 2011