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Holman Jose

Update on Holman Jose

Holman is originally from San Lorenzo, a community on the outskirts of Teustepe. He is married, and is the father of two children. He is a tradesman and makes a living in agriculture.

His first loan was a great help to him, and it allowed his crops to grow well, increasing his production. He used his first loan to buy supplies like beans and corn, while at the same time, also paying the workers and buying more animals, like cows. When he is not planting, he makes a living in his grocery store.

He wishes to grow his business with higher-quality products. It is because of this that he is requesting his second loan to invest more in his grocery store in the purchase of general merchandise, like rice, sugar, oil, soap, etc.

With the objective of covering the demand of his customers, he estimates that this new investment will help him since he will be able to maintain his active business. He hopes to count on the support of Kiva in order to continue working in his business. In this way, he will be able to obtain more income and thereby offer a greater quality of life to his family.
View original language description ↓
Holman, originario de San Lorenzo, de las afueras de Teustepe, casado, padre de 2 hijos de oficio comerciante, se dedica a la agricultura, su primer crédito fue de gran ayuda, ya que le permitió acudir muy bien sus cultivos, incrementando su producción. Su primer préstamo lo utilizo para comprar insumo como frijoles y maíz, a la misma vez pagar mano de obra de sus trabajadores y comprar más animales como vaca. Cuando el no esta sembrando se dedica al negocio de pulpería.
El desea hacer crecer su negocio con productos de alta calidad es por eso que hoy en día solicita un segundo préstamo para invertir aun mas en su negocio de pulpería en la compra de mercadería en general como arroz, azúcar, aceite, jabón, etc. Con el objetivo de cubrir la demanda de los clientes, el estima que esta nueva inversión será de ayuda ya que podrá mantener su negocio activo, el espera contar con el apoyo de Kiva para seguir trabajando en su negocio, de esta manera poder obtener mas ingresos y asi ofrecerle un mejor nivel de vida económico a su familia.

Previous Loan Details

Holman is a humble farmer who lives in the community of San Lorenzo on the outskirts of Teustepe. He is 34 years old and he has two children who are ten and five years old. They both attend a primary school in the community. He got married when he was 22 years old, but he started working when ... More from Holman Jose's previous loan »

Additional Information

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About Nicaragua

  • $4,800
    Average annual income
  • 79
    View loans »
    Nicaragua Loans Fundraising
  • $25,384,750
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Holman Jose to buy general merchandise like rice, sugar, oil, soap, etc.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Dec 29, 2012
Jan 3, 2013
Currency Exchange Loss:
Jan 18, 2014