Check out some available loans that are similar to this one!
Felipe Neri
Felipe has been making a living through the sale of well construction materials for 22 years now. He says that in his business he employs one other man who helps him with the work. Felipe sells his material to a company that produces potable water in Managua. He says that he would like to increase the number of workers he has because his building materials are in high demand.
This is why he needs this loan to buy mesh wire and timber. He uses these to build a number of handmade strainers which are utilized to filter the sands, cement and stones. Building these will help him because the material is already ordered and with more strainers he will be able to fill the order more quickly.
He says that once he repaid the loan, he will use the income to invest in improving his house.
He also says that here at MiCredito he was treated very well and that he received the loan very quickly.
View original language description ↓
Don Felipe se dedica a la venta de material para construcción de pozos desde hace 22 años y dice que para el negocio que tiene emplea a 1 hombre que le ayudan a trabajar don Felipe le vende material a la empresa de agua potable de Managua y dice que desea aumentar el número de trabajadores ya que tiene buena demanda el material que vende por eso necesita este crédito para comprar unas mallas y maderas para construir varias coladores artesanales que se usan para colar las arenas, cemento y piedras para construir lo cual será de ayuda ya que tiene encargado un material y com mas coladores podrá sacarlo mas rápido el pedido. El dice que cuando pague este crédito la ganancia que le quede la invertirá en mejorar de la casa. También dice que aquí en MiCredito lo ha tratado bien y los créditos se lo han dado con rapidez.

About Nicaragua

  • $4,800
    Average annual income
  • 66
    View loans »
    Nicaragua Loans Fundraising
  • $25,083,125
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $650 helped Felipe Neri to buy some mesh and timber.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jul 24, 2012
Aug 22, 2012
Currency Exchange Loss:
Aug 18, 2013