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Jose Genaro
Sixty-eight year old Jose is originally from Rivas but he has now been living in Managua for 30 years. He completed up to the end of fifth year of secondary school and is married with five children. The are all now independent adults. Jose is a businessman and works selling meat. He started this six years ago with his own capital that he earned in his previous job, with a company called "Carnic". It was there that he gained experience and decided to start up his own meat selling business. This business generates lots of profits and he also receives a pension. This is the only business he has had and counts on support from his wife. He hopes to sell his products to general stores and supermarkets so as to generate a higher income to keep the business stable.

Jose is applying for this loan to buy more meat. He thinks the loan will help him to increase stock and be able to offer other types of meat to satisfy the needs of his customers. His plans for the future are to expand the business by buying other meats that he does not already offer. His next goal is to invest in the buying and selling of meat.
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José, 68 años de edad, originario de Rivas, pero tiene 30 años de vivir en Managua, casado, con conocimiento académico de quinto año de secundaria, padre de 5 hijos mayores de edad, todos son independiente, de oficio comerciante, se dedica al negocio de la venta de carne. Inicio en el ámbito del comercio vendiendo carne hace 6 años, lo cual lo empezó con capital propio, dinero que obtuvo de su anterior trabajo, ya que el trabajaba en una empresa que se llama el Carnic, el cual obtuvo bastante experiencia y decidió emprender su propio negocio de venta de carne, negocio que le genera muchas ganancias, el cuenta con otros ingresos que obtiene de su pensión de jubilación, este ha sido su único negocio, cuenta con el apoyo de su esposa , sus expectativas es distribuir sus productos en misceláneas y supermercados para que le genere mejores ingresos para mantener su negocio estable.
José solicita el financiamiento para comprar más carne. El estima que este préstamo le ayudara a crecer en inventario asi poder ofrecerle, otro tipo de carne variado para satisfacer la necesidad de su clientela, sus planes futuros es ampliar su negocio, efectuando compra de otros activos que aun no tiene en existencia, su meta próxima es invertir en la compra y venta de carne.

About Nicaragua

  • $4,800
    Average annual income
  • 94
    View loans »
    Nicaragua Loans Fundraising
  • $24,742,900
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $600 helped Jose Genaro to buy more meat.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 24, 2012
Listed
Jan 4, 2013
Currency Exchange Loss:
N/A
Ended:
Jan 18, 2014