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Osman Emir
Osman, aged 29, is from the region of Las Banderas, Teustepe. He is married and the father of two children, and he owns a small grocery store where he sells dry goods, Nintendo games, and he also has an internet cafe which is very useful. In his community, very few people have internet, and so it's a great necessity and useful especially for the students in the area. He says he started this business about 4 years ago, and before that he worked in transport, using a truck that his father gave him.

He says that the business, by being in his home, is greatly helped by his wife as well, and that he also rents out plastic tables and chairs. Osman has taken loans from other institutions and now wants to work on this loan with Kiva through MiCrédito. He thinks he will invest the money in buying rice, sugar, oil, beans, fruit, plantains, vegetables, cleaning products, and kitchen staples, like sauces and spices. This loan will help him to increase his sales, since he will have a greater number of products, and he will bring in more profits and have greater earnings. Once he has paid off his loans, he will invest in better glass cases and shelving for the grocery.
View original language description ↓
Osman,29 años de edad, es de la comarca Las Banderas, Teustepe, casado padre de dos hijos se dedica al comercio ya que tiene una pulpería de granos básico, juegos de nintendo además tiene un Cyber el cuales de mucho utilidad ay que en su comunidad es un servicio que muy pocos tiene y que es de mucha utilidad y necesidad sobre todo en los estudiantes del pueblo el dice que inicio este proyecto hace 4 años ya que antes trabajaba en acarreo con un camión que le había dado su papa. El dice que el negocio por estar en su casa lo apoya mucho la esposa también dice que además alquila sillas y mesas plásticas Osman ha trabajado en crédito con otras instituciones y hoy quiere trabajar con Kiva atravez de MiCrédito este préstamo piensa invertirlo para comprar arroz, azúcar, aceite ,frijoles, frutas, plátanos, verduras, productos de limpieza, productos para la cocina, como salsas y especias. Este crédito le ayudara a aumentar la ventas ya que invertirá mas en productos y tendrá mayor ganancia y una vez que cancele invertirá en mejorar las vitrinas y estantes de la pulpería.

About Nicaragua

  • $3,636
    Average annual income
  • 70
    View loans »
    Nicaragua Loans Fundraising
  • $23,505,525
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $850 helped Osman Emir to buy rice, sugar, oil, beans, fruit, plantains, vegetables, cleaning products, and kitchen staples, like sauces and spices.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 17, 2012
Listed
Jul 31, 2012
Currency Exchange Loss:
N/A
Ended:
Mar 15, 2013