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Pedro Jose
Pedro lives in the city of Leon, he is 38, married and has three children that are in school, he is a carpenter, has done this for eight years. This is his first business, he started it with his own capital, before this he worked for a company making furniture where he gained experience and thought of opening his own carpentry shop. He needs the loan to purchase raw materials such as glue, plywood, nails and sandpaper to make furniture, because he has several orders and by purchasing these raw materials he can complete the orders and have more income. In the future he would like to buy machines and equipment that will save him time when making good quality furniture and this way get people talking about his simple but good quality furniture, his main goal is to put his children through university so they can become professionals.
View original language description ↓
Don Pedro, habita en la ciudad de León tiene 38 años de edad, es casado tiene tres hijos todos están están estudiando el es carpintero lleva 8 años dedicándose a este negocio. Este a sido su primer negocio, lo inicio con capital propio antes trabajo en una empresa de fabricación de muebles de ahí adquirió experiencia e inicio la idea de poner su propio negocio de carpintería. El requiere el préstamo para compra de materia prima como pegamento, madera renovable, clavos, limas para elaborar muebles. Pues tiene varios pedidos y con la compra de este inventario de materia prima podrá culminar con sus pedidos y mejorar sus ingresos. En lo futuro le gustaría comprar maquinas y equipos que le ayuden a fabricar en menos tiempo muebles de fina calidad para dar a conocer sus trabajos humildes pero de muy buena calidad pues su objetivo principal son darle estudios universitarios a sus hijos para que ellos sean profesionales.

About Nicaragua

  • $3,636
    Average annual income
  • 74
    View loans »
    Nicaragua Loans Fundraising
  • $23,416,850
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $800 helped Pedro Jose to purchase raw materials such as glue, plywood, nails and sandpaper to make furniture.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 24, 2011
Listed
Jan 1, 2012
Currency Exchange Loss:
N/A
Ended:
Dec 15, 2012