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Richard Rafael
Richard, 37 years old, lives in the city of León. He is married and the father of two children.

He works as a merchant, repairing bicycles and selling spare parts. He began with a small loan he got through a neighbor, and was offering his bicycle repair service neighbor to neighbor and soon afterwards began to sell bicycle parts. He has been doing this activity for four years in a small facility that he rents.

His wife works as a stylist in a beauty salon and they share in the daily feeding of their children.

He is asking for funding in order to buy tires, aluminum rims, bicycle frames, inner tubes, seats, and hubs. This will help him to maintain his business and attract more clients. One of his plans for the future is selling car parts.
View original language description ↓
Richard, de 37 años de edad, habitante de la ciudad de León , casado, padre de 2 hijos , de oficio comerciante, se dedica la venta de repuestos y reparación de Bicicletas. Inicio con un pequeño préstamo que le hizo una vecina, fue ofreciendo su servicio de reparación de bicicletas de vecino a vecino poco tiempo después le agrego la venta de repuestos de bicicletas, tiene 4 años de dedicarse a esta actividad , en un pequeño local el cual alquila. Su esposa trabaja como estilista en belleza así se complementan para llevar a diario la comida para sus hijos. Está solicitando el financiamiento comprar llantas, rines de aluminio, marcos para bicicletas, neumáticos, asientos, valineras. Pues esto le ayuda a mantener surtido su negocio y atraer más clientela. Dentro de sus planes futuros esta vender repuestos de vehículos.

About Nicaragua

  • $3,636
    Average annual income
  • 131
    View loans »
    Nicaragua Loans Fundraising
  • $24,053,725
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $425 helped Richard Rafael to buy tires, aluminum rims, bicycle frames, inner tubes, seats and hubs for his bicycle repair shop.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 29, 2012
Listed
Nov 15, 2012
Currency Exchange Loss:
N/A
Ended:
Jul 18, 2013