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Ricardo
Ricardo, 58, lives in Larreynaga, Malpaisillo in León Township. He’s married and the father of two children. He has a Bachelor’s degree in Biology but is currently a merchant. He worked as a professor at León University where he taught Biology for 18 years but he stopped teaching and used his savings and severance pay to set up a mill grinding business. He’s had this business for 13 years. He also sells cereals. These two businesses allow him to survive. His humble mill is located at home and it’s one of the most popular in his zone but even so he says he needs more publicity to become known in more places, to have more product to sell and to furnish his locale.

This is the reason for his loan request to buy such products as pinol [roasted corn], pinolillo [roasted corn with cocoa added], jícaro seeds, soy, cinnamon and cocoa which are the ingredients he needs to make his delicious and highly sought after cereals. He also wants to repair and service his mills because they have aged a bit.

This investment will help him sell more of this products because he’ll have raw materials with which to produce and machines that are in good working order. He wants to expand his cereal sales to other towns in León and to sell in Chinandega and to buy a vehicle to transport himself along his sales routes.
View original language description ↓
Originario de Larreynaga, Malpaisillo municipio de León, habita don Ricardo, de 58 años de edad ,casado, padre de dos hijos, de oficio Licenciado en Biología, pero hoy en día se dedica al comercio . El trabajo como profesor en la universidad de León donde enseñaba biología esto lo hizo durante 18 años, pero dejo de dar clases y con su liquidación y ahorros que el tenia puso el negocio de molinos, lleva 13 años con este negocio , también se dedica a vender cereales, estos dos negocios son de lo que sobrevive , su humilde molino lo tiene en su hogar y es uno de los más concurridos en su zona pero aun así él dice que necesita más publicidad para darse a conocer en varios lugares, tener más producto que ofrecer y darle acondicionamiento a su local. Es por tal razón que solicita el préstamo para comprar productos tales como pinol, pinolillo, semilla de jícaro, soya , canela y cacao que son los ingredientes que necesita para realizar sus deliciosos y muy solicitados cereales, también quiere darle mantenimiento y reparación a sus molinos porque ya están algo viejos. Esta inversión le ayudara vender más sus productos pues tendrá materia prima para producir y maquinas en buen estado listas para trabajar. El desea expandir las ventas de sus cereales en varios municipios de León y vender en Chinandega, invertir en compra de un vehículo para transportarse en sus rutas de ventas.

About Nicaragua

  • $3,636
    Average annual income
  • 168
    View loans »
    Nicaragua Loans Fundraising
  • $23,230,825
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Ricardo to buy grains and to service his mills.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 13, 2011
Listed
Oct 19, 2011
Currency Exchange Loss:
N/A
Ended:
Oct 16, 2012