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Jose Nicolas
José a native of Estelí, is 55 years old, a father of 4 children aged: 18, 22, 25 and 30, and is a retailer. He first started working selling plastic with his own capital, but then he learned how to pack spices such as cinnamon, chamomile, pepper, rosemary, and eucalyptus. At the age of 37, once he realized that this business was generating a lot of income, he began to distribute his products in neighboring communities like Palacaguina, Sauce, Limay and Condega.

He wants to stock his store in order to offer more products to his clients. For this reason, he is asking for this loan in order to purchase
plastic utensils, bags and an industrial stapler. He believes that this loan will be of great help because with it he will be able to purchase more products and increase his business's earnings. In addition, he will a have the opportunity to expand his business and offer his clients more products. His expectations are to grow financially and continue distributing his products in all of the supermarkets. His future plans are to better his life and be able to purchase a mode of transportation to be able to distribute his products all over Nicaragua.
View original language description ↓
José originario de Estelí, tiene 55 años, padre de 4 hijos entre las edades de 18, 22,25 y 30 años de edad, de oficio comerciante. El comenzó a trabajar primeramente vendiendo plástico, con capital propio, pero luego aprendió a empacar especies tales como canela, manzanilla, pimienta, romero, eucalipto, a la edad de 37 años, ya que miro que este negocio le genera bastante ingreso, de esta manera el empezó a distribuir sus productos en las comunidades mas cercana como en Palacaguina, Sauce, Limay y Condega. El quiere surtir su negocio para ofrecer más productos a sus clientes.
Por este motivo solicita un crédito para comprar utensilios plásticos, bolsas y una engrapadora industrial. Ya que el estima que este préstamo le será de gran ayuda porque asi el podrá comprar mas productos e incrementar sus ganancias en su negocio, además tendrá la oportunidad de ampliar su negocio y ofrecer mas productos a sus clientes. Sus expectativas es crecer económicamente y seguir distribuyendo sus productos en todo los supermercado, y sus planes futuro es mejorar s vivienda y poder comprar un medio de transporte para ir a distribuir sus productos en toda Nicaragua.

About Nicaragua

  • $4,800
    Average annual income
  • 132
    View loans »
    Nicaragua Loans Fundraising
  • $24,576,775
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $425 helped Jose Nicolas to purchase plastic utensils, bags and an industrial stapler.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 19, 2012
Listed
Nov 15, 2012
Currency Exchange Loss:
N/A
Ended:
Mar 15, 2013