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Jairo Enrique
34-year-old Jairo is from Telpaneca, Estelí. He is married and has three children who are 12, 10 and 4 years old. He is a salesman by trade and sells horse saddles. He started his business with his own capital which he saved up from his previous job making horse saddles in his uncle's workshop. He dreamed of one day owning his own business and used the experience he had gained to move ahead independently in order to provide for his family.

Jairo will use this loan to buy raw materials such as rods, nails and leather. He will also pay people to make saddles. This will help him to make more saddles and he will be able to sell them in bulk, wholesale. Jairo's goal is to expand his business and to become known outside of Estelí, so that he can provide his family with a better standard of living. He would like to make some improvements to his home as the house in which he currently lives is made from wood and, when it rains, everything gets wet.
View original language description ↓
Jairo, de 34 años, originario de Telpaneca municipio de Estelí, es casado, tiene tres hijos de 12,10 y 4 años de edad, de oficio comerciante , el vende monturas para caballo. Inicio sus actividades con capital propio que tenia ahorrado de su trabajo anterior donde elaboraba monturas para caballos en el taller de su tío pero el soñaba con un día tener su propio negocio y con la experiencia adquirida salir delante de forma independiente para sacar adelante a su familia.
El realizo el crédito compra de materia prima tales como baquetas, clavos, cuero y pago de mano de obra para elaborar monturas. Esto le ayudara a la fabricación de un mayor números de monturas y poderlas vender por cantidad al por mayor. El tiene como meta agrandar su negocio darse a conocer fuera de Estelí para darle un mejor nivel de vida a su familia. Le gustaría hacer mejoras a su casa ya que actualmente donde vive la casa es de tabla y cuando llueve se moja todo.

About Nicaragua

  • $3,636
    Average annual income
  • 89
    View loans »
    Nicaragua Loans Fundraising
  • $24,396,400
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Jairo Enrique to buy raw materials such as rods, nails and leather, and to pay people to make saddles.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 28, 2011
Listed
Jan 8, 2012
Currency Exchange Loss:
N/A
Ended:
Jul 18, 2013