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Ivan
Iván, a native of Estelí, is 37 years old and married. He is the father of 5 children aged 5, 2, 10, 12, and 14 years. He is a merchant who makes and sells natural medicines. He says that he was chosen for a grant that enabled him to go to Panama to study natural medicines. It was there that he acquired his knowledge of how to make natural medicines. He has had this business for 15 years; it was his first business, and he is able to count on the support of his wife. In this way, he sells his products in Estelí and in El Salvador. He also generates some other income from his business selling beverages.

Iván expects to continue to grow his business so that he can increase his sales and thereby obtain more income to support his household. Iván is requesting a loan to buy natural medicines that he needs, such as Omega 3, weight loss aids and shampoo. By having more products in his inventory, he thinks that he will be able to sell more to his customers, and so in this way he will increase his sales and expand his business. For the future, he plans to set up a natural medicine lab and buy equipment to make his natural products. His goal is to invest more in his business so that he can make some repairs to his house and also enhance the appearance of his pharmacy.
View original language description ↓
Iván originario de Estelí, 37 años, casado, padre de 5 hijos entre las edades de 5, 2, 10,12 y 14 años de edad respectivamente, de oficio comerciante. El se dedica a la elaboración y venta de medicina naturales. El dice que fue elegido para una beca que le daban para ir a Panamá a estudiar medicina natural y fue allí que adquirió conocimiento para elaborar la medicina natural, del cual es propietario hace 15 años, ya que este ha sido su primer negocio y cuenta con el apoyo de su esposa, de esta manera el comercializa sus productos en Estelí y en el Salvador, cuenta con otros ingresos, como es su negocio la venta de refresco.
Sus expectativas es seguir creciendo en su negocio para incrementar las ventas y asi obtener mas ganancias para el sustento del hogar. Iván solicita el préstamo para la compra de medicamentos naturales que necesita como omega 3, reductores y shampoo. El estima que teniendo más productos en inventarios, podrá vender más a sus clientes, de esta manera incrementar sus ventas y ampliar su negocio, sus planes futuros es poder poner un laboratorios de medicina natural y comprar maquinas para la elaboración de sus productos naturales, su meta es invertir mas en su negocio y poder reparar su casa, para darle una mejor presentación a su farmacia.

About Nicaragua

  • $3,636
    Average annual income
  • 133
    View loans »
    Nicaragua Loans Fundraising
  • $24,035,950
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Ivan to buy natural products, including Omega 3, weight loss aids and shampoo.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 9, 2012
Listed
Nov 18, 2012
Currency Exchange Loss:
N/A
Ended:
Jun 18, 2013