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Missael Antonio
Missael is 25. He originally comes from the municipality of Sebaco in Matagalpa but now lives in Estelí. He is married and is a shopkeeper by trade.

For two years Missael’s job has consisted of making and selling doughnuts. He studied for two years at university but first started working aged 12, selling doughnuts in the street. When he was 23 he decided to start his own doughnut-making business. He worked in a communal bakery but now, thanks to his own efforts and the support of his family, he has managed to build his own bakery. It still needs to be remodelled and fitted out, since Missael ran out of money before he was able to finish.

His products are sold in Managua, Jalapa and Carazo. He would like them to be sold in supermarkets too, where they could command a higher price.

Missael has applied for a loan so that he can buy construction materials to finish building his own bakery. A loan would allow him to save on costs, since he currently pays to rent ovens. It would also help him to increase production. His plans for the future are to finish building his bakery and to renovate his home.
View original language description ↓
Missael de 25 años de edad es originario de Sebaco-Municipio de Matagalpa actualmente vive en Estelí, casado, de oficio comerciante se dedica a la elaboración y venta de rosquillas desde hace 2 años, realizo estudios hasta el segundo años de universidad. Inicio su actividad desde los 12 años como vendedor ambulante de rosquillas, luego a la edad de 23 años decidió independizarse dedicándose a la elaboración de rosquillas trabajando en unos hornos comunales, hoy en día con esfuerzo propio y apoyo de la familia ha logrado construir sus propios hornos aunque le falta remodelar y acondicionar el taller ya que su capital no le ajusta para terminar de construir, sus productos son comercializados en Managua, Jalapa y Carazo aunque también le gustaría que fueran comercializados en los supermercados ya que allí el producto se paga a un mejor precio.
Solicita el préstamo para compra de materiales de construcción para terminar de construir su propio taller de rosquillas, el cual estima le ayudara ya que podrá ahorrarse los que paga en el alquiler de los hornos además de que podrá ampliar la producción de rosquillas, sus planes futuros es terminar la construcción de sus hornos y poder remodelar su vivienda.



About Nicaragua

  • $3,636
    Average annual income
  • 130
    View loans »
    Nicaragua Loans Fundraising
  • $24,054,525
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,300 helped Missael Antonio buy construction materials to finish building his own bakery.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 23, 2012
Listed
Apr 30, 2012
Currency Exchange Loss:
N/A
Ended:
Nov 17, 2013