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Pedro  Rafael
Pedro, 43, is from the city of León. He’s married and the father of three children. He’s an Accountant by profession and also owns a bakery. He started this business at the age of 23. He used to work as an accountant for a state institution. Back then he was 18 years old. He was also taking Agricultural Engineering courses while working but it became difficult to pay for the schooling because his family was going through a difficult economic situation. He had to stop studying and had lost his job.

An uncle encouraged him to set up his own business so that he could get ahead. He did so and gradually attained the bakery he has today. He asked for the loan to buy an industrial oven to increase bread production and meet customer demand increasing income through his sales.

He wants to open new markets in the rural parts of León because he feels they are good sales points for his products and to buy a motorcycle to distribute his products and save on fuel. His next steps include doing some improvements to the business and modernizing some of his work tools like buying an industrial mixer.
View original language description ↓
Don Pedro de 43 años, es originario de la ciudad de León, esta casado, es padre de 3 hijos, de oficio contador, el es dueño de una panadería. El inicio en este negocio a la edad de 23 años de edad , anteriormente trabajaba como contador en una institución estatal para ese entonces el tenia 18 años de edad, el también estudiaba un curso de Ingeniería Agrícola y al mismo tiempo trabajaba pero le resulto difícil seguir pagando este curso pues su familia pasaba por una situación económica muy difícil tuvo que dejar de estudiar , y había perdido su trabajo . Un tío lo motivo a que pusiera su propio negocio para salir adelante así lo hizo poco a poco hasta tener hoy en día su panadería.
El solicito el préstamo para comprar un horno industrial. Para aumentar la producción de pan y atender la demanda de sus clientes con esto aumentar sus ingresos por medio de las ventas. El desea abrir nuevos mercados en las zonas rurales de León pues considera que es buen punto de venta para distribuir sus productos, comprar una moto para distribuir su producto y ahorrarse en combustible. Sus siguientes pasos son realizarles mejoras a su negocio, modernizar algunas de sus herramientas de trabajo como la compra de una batidora industrial.


About Nicaragua

  • $4,800
    Average annual income
  • 110
    View loans »
    Nicaragua Loans Fundraising
  • $24,832,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Pedro Rafael to buy an industrial oven.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 3, 2011
Listed
Jul 3, 2011
Currency Exchange Loss:
N/A
Ended:
Dec 15, 2012