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Cayetano Samuel
Cayetano, 70, was born in the city of Jinotega. He is married and has two grown children, 24 and 21 years old respectively. He has sold leather boots and belts for the past 24 years.
His first business was selling shoes but he decided, together with his family, to include new products such as belts and boots. He requested a loan to buy different styles of belts and boots and now these are top sellers in the market and he can offer his customers better quality and variety.
Cayetano tells us that he learned about his products in the Expica-Managua Market and this is the way he gets a higher income. He wishes to enlarge his shop and add more workers and thus have more products in his inventory. His next goal is to request new financing to invest more in his business.
View original language description ↓
El señor Cayetano, de 70 años de edad, originario de la ciudad de Jinotega, casado y con dos hijos de 24 y 21 años respectivamente, se dedica actualmente a la venta de botas y fajas de cuero desde hace 24 años. Su primer negocio fue la venta de zapatos pero decidió en conjunto con su familia ingresar nuevos productos a su negocio como son las faja y botas. ÈL solicitó su crédito para comprar diferentes estilos de fajas y botas ya que es un producto de alta rotación en el mercado y así ofrecer a sus clientes mejor calidad y variedad. El señor Cayetano nos cuenta que da a conocer su producto en la feria Expica – Managua, ya que mediante ésta obtiene mejores ganancias. Desea ampliar más su taller con más trabajadores y así tener más productos en su inventario. Su próxima meta es solicitar un nuevo crédito para invertir más a su negocio.

About Nicaragua

  • $3,636
    Average annual income
  • 77
    View loans »
    Nicaragua Loans Fundraising
  • $23,621,150
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Cayetano Samuel to buy belts and boots.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 18, 2011
Listed
Jul 28, 2011
Currency Exchange Loss:
N/A
Ended:
Aug 16, 2012