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Ariel Francisco
Ariel is 26 years old and lives in Estelí City. He is a father with two children. He sells CD’s and DVD’s of movies and music. He supports his family with this activity that he has been doing for the past four years. Ariel began working as a roving salesperson, selling music CD’s, when he was 22 years old. His wife provided the money to start this CD sales business. He sold CD’s on the street, at fairs, at recreation events, in parks and he walked through neighborhoods selling CD’s. He didn’t have a fixed schedule or salary. Both of these depended on what he sold during the day. Today, thanks to great effort and hard work, he has a small store where he sells CD’s and DVD’s. He doesn’t have to be a roving salesperson anymore. He is asking for this loan in order to have working capital. He would like to have a larger variety of CD’s and DVD’s in order to have a larger variety of goods to offer his customers. He hopes that with this investment he will be able to expand his business. He now sells, at larger quantities, his product to other roving street vendors. For this reason he needs sufficient merchandise. In the future he would like to have a store that sells basic grains in order to have another source of income so he is not as dependant on CD sales. His next goal is to increase his music CD sales and DVD sales.
View original language description ↓
Ariel, de 26 años de edad, habita en la ciudad de Estelí, es padre de familia tiene 2 hijos, el se dedica a vender CD, DVD de películas y música, atraves de esta actividad mantiene a su familia, el lleva 4 años con este negocio. Ariel comenzó como vendedor ambulante de CD de música a los 22 años de edad ,su esposa aporto dinero para que empezara con el negocio de venta de CD ,vendía en las calles, ferias , eventos recreativos ,parques , recorría barrios para poder vender sus CD sin tener horario ni salario fijos pues solo dependía de lo que vendía durante el día . Hoy en día gracias a su gran esfuerzo y duro trabajo tiene una pequeña tienda de ventas de CD y DVD el ya no vende ambulante.
Solicito el crédito para capital de trabajo quiere surtir su local de CD y DVD con el propósito de tener mas variedad de mercadería que ofrecer a sus clientes. El espera que con esta inversión le ayude a crecer su negocio, además el vende por cantidades a vendedores ambulantes y por tal motivo necesita tener suficiente mercadería.
En lo futuro le gustaría tener un negocio de venta de granos básicos, para tener otra fuente de ingresos y no solo depender de la venta de CD. La meta próxima aumentar las ventas de CD de músicas y DVD.

About Nicaragua

  • $3,636
    Average annual income
  • 146
    View loans »
    Nicaragua Loans Fundraising
  • $24,067,475
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $775 helped Ariel Francisco buy CD's and DVD's of music and movies so that he can provide a larger assortment to his customers.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 30, 2011
Listed
Jun 11, 2011
Currency Exchange Loss:
N/A
Ended:
Apr 15, 2012