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Juan Jose
Juan, 51 years old, is originally from Estelí. He is the father of 7 adult children and a businessman. He has made a living through carpentry for over three years. He began working from a very young age by helping others with carpentry, gaining experience on the job. Eventually, he decided to launch his business with his own capital. This has been his first business. He says that with the support of his wife, his expectations are to improve his establishment to increase his sales.

He is requesting the funding to buy wood, all of the raw material needed for the production of his furniture like tables, wardrobes, seats, cabinets, etc., since he estimates that this loan would help him to buy more wood wholesale. His future plans are to establish a carpentry workshop and hire employees that help him with his business. His next goal is to cancel the loan to be able to request another soon.
View original language description ↓
Juan de 51 años de edad, originario de Estelí, padre de 7 hijos mayores de edad, de oficio comerciante, se dedica a la carpintería desde hace mas de 3 años. Inicio trabajando desde muy joven ayudándoles a otras personas en la carpinteria, el cual fue adquiriendo experiencia en el trabajo, luego con el tiempo decidió emprender su negocio con capital propio, este ha sido su primer negocio, el cuenta con el apoyo de su esposa, sus expectativas es ampliar el local para incrementar sus ventas.
El esta solicitando el financiamiento para comprar madera.Toda la materia prima que necesita para la elaboración de sus muebles como mesa, ropero, sillas, gabinetes, etc. ya que el estima que este préstamo le ayudaría a comprar mas madera por mayor, sus planes futuros es establecer un taller de carpintería y contratar empleados que le ayuden en su negocio, su meta próxima es cancelar el crédito para luego volver a solicitar otro.

About Nicaragua

  • $3,636
    Average annual income
  • 125
    View loans »
    Nicaragua Loans Fundraising
  • $23,820,300
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $250 helped Juan Jose to buy wood.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 5, 2013
Listed
Jan 9, 2013
Currency Exchange Loss:
N/A
Ended:
Aug 18, 2013