Check out some available loans that are similar to this one!
Erikson Jose
Erickson, 26, lives in the city of León. He’s married and the father of two children who are 5 and 2 years of age respectively. He’s a merchant that manufactures and sells pizzas.

He started his business five years ago. His father owns a bakery and he pushed him to open his own business. This is how he went to Managua to take a baking course to learn techniques for baking bread and bread derivatives to add to the experience he’d gained from his father. This is how he managed to set up his pizzeria. With income generated from this business he was also able to set up a grocery store at home that his wife tends to which is an additional source of income for him.

He’d like to expand throughout the city of León including its surrounding towns because there’s a market for his product. However, due to lack of transportation he’s been unable to expand. Because of this, he’s asked for a loan to buy a motorcycle to be able to distribute his products. With this investment he hopes to increase his sales through home deliveries, to increase income so that he can save up because one of his goals is to open a bakery of his own, to build his house and to extend his business beyond the city of León.
View original language description ↓
Erikson es un joven de 26 años de edad, habita en la ciudad de león, esta casado , es padre de dos hijos de 5 y 2 años de edad respectivamente, el es comerciante se dedica a la elaboración y venta de pizzas.
Inicio su negocio hace 5 años, su papa es dueño de una panadería y fue el quien lo impulso a poner su propio negocio. Así que el se fue a Managua a tomar un curso de panificación para capacitarse en técnicas de elaboración de pan y sus derivados, además de la experiencia que adquirió en la panadería de su padre. De esta manera el logro poner su pizzería, con los ingresos que la generado este negocio también puso una pulpería en su casa la cual es atendida por su esposa, este es otra fuente de ingresos que el tiene. A el le gustaría expandirse en toda la ciudad de León incluyendo sus municipios porque hay mercado para vender su producto, pero le falta transporte, no tiene en que movilizarse por tal motivo no ha podido expandirse. Debido a eso es que solicito el préstamo para comprar una moto y poder distribuir sus productos. Con esta inversión el espera incrementar sus ventas por medio de las entregas a domicilio , mejorar sus ingresos que le permitan ahorrar para realizar una de sus metas que es poner su propia panadería, construir su casa y poder expandir su negocio fuera de la ciudad de León.

About Nicaragua

  • $3,636
    Average annual income
  • 115
    View loans »
    Nicaragua Loans Fundraising
  • $23,803,650
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Erikson Jose to buy a motorcycle.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 16, 2011
Listed
Jul 3, 2011
Currency Exchange Loss:
N/A
Ended:
Jul 15, 2012