Check out some available loans that are similar to this one!
Mateo De Jesus
Mateo, 53 years old and married, is a resident of the rural municipality Las Banderas. He has made his living buying and selling quarry stone (stones that are used in constructing houses) for the past 25 years. He used to do this working as a driver, but 6 years ago, he bought his own truck with a loan from a financial institution, even though he also had savings.

Today Mateo says that he already owns the truck, because he paid it off 3 years ago. He sells the quarry stones in the capital city, Managua, with the help of a person whom he pays by the day.

Mateo is now applying for this loan to buy a set of tires and replacement parts for his engine. In this way, he hopes to maintain his truck in optimum working condition. As for future plans, he hopes to buy another truck and open new market routes.
View original language description ↓
Mateo ,53 años casado es habitante de la comarca Las Banderas casado él se dedica a la compra y venta de piedra canteras (piedras que se utilizan para construcción de casas) desde hace 25 años lo cual lo hacía trabajando como chofer pero hace 6 años compro su camión con un préstamo que le otorgó una financiera aunque también tenía su dinero ahorrado. Hoy Mateo dice que el camión que tiene ya es propio porque hace 3 años lo cancelo. El vende las piedras canteras en la cuidad capital Managua con la ayuda de una persona a quien le paga el día.
Mateo hoy solicita este préstamo para comprar un juego de llantas, piezas de repuesto para el motor. Pues de esta manera espera mantener en condiciones óptimas el buen funcionamiento de su camión. Como planes futuros desea comprar otro camión y abrir nuevas rutas de mercado.

About Nicaragua

  • $4,800
    Average annual income
  • 97
    View loans »
    Nicaragua Loans Fundraising
  • $24,749,225
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Mateo De Jesus to buy a set of tires and replacement parts for the engine.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 13, 2012
Listed
Dec 29, 2012
Currency Exchange Loss:
N/A
Ended:
Oct 18, 2013