Check out some available loans that are similar to this one!
Miguel Angel
Señor Miguel is 65 years old and lives in the city of Esteli. He is married and the father of 4 children. He is a businessman. He makes leather boots. He has a basic education having finished 6th grade in primary school. When he started learning the trade aged 15, he learned how to make girls' shoes, then adult shoes and later specialized in cowboy boots. It is a job he finds very enjoyable. He has been in this business for 30 years and employs traditional methods as well as a lot of style and effort.

He is asking for the credit to buy raw materials such as leather, cowhide soles, soles to make his cowboy boots. He also wants to make some improvements to his house. With this investment he will be able to buy some of the materials he needs to work. He will be able to create different styles of boots and provide a better quality product. For now, he wants to expand his business. He wants to open a bigger shop that offers cowboy boots of different styles.
View original language description ↓
El señor Miguel, de 65 años de edad, habita en la ciudad de Estelí, esta casado , es padre de 4 hijos, el es comerciante , se dedica a elaborar botas de cuero, su nivel académico es básico solo estudio hasta sexto grado de primaria. Cuando empezó con esta actividad a la edad de 15 años aprendió a elabora zapatos de niños, luego de adultos y después se especializo en botas vaqueras, es una actividad que disfruta mucho ,lleva ya 30 años en este negocio el cual lo ejerce de manera artesanal y con mucho carisma y esfuerzo.
El solicita el crédito para comprar materia prima tales como cuero, vaquetas, suelas, para elaborar botas vaquera y también quiere hacerle algunas mejoras a su hogar. Con esta inversión podrá comprar parte del material que necesita para trabajar, podrá elaborar diferentes estilos de botas y ofrecer una mejor calidad. Por lo pronto desea ampliar su negocio , quiere poner una tienda mas amplia de diferentes estilos de botas vaqueras.

About Nicaragua

  • $3,636
    Average annual income
  • 81
    View loans »
    Nicaragua Loans Fundraising
  • $23,617,600
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $900 helped Miguel Angel to buy raw materials such as leather, cowhide soles, soles to make cowboy boots and to make a few improvements to his house.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 7, 2011
Listed
Sep 27, 2011
Currency Exchange Loss:
N/A
Ended:
Sep 15, 2012