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Santos Rey
37-year old Santos lives in the community of La Joya outside Teustepe. He is a simple man, married, and the father of three children aged 9, 14, and 16, all of whom are students. Santos earns his living raising cattle. He started his business twenty years ago, first of all as an assistant to his boss who was a businessman. He gained experience and learned all about business. Then using his savings he decided to start his own business growing maize and buying and selling cattle. Santos has help from his children and from his wife. He is happy with the way things are going and has managed to improve his earnings.

Santos is now seeking a loan to buy supplies such as fertilizer, manure, herbicide and cattle feed. He believes that the money will help him a great deal because he will be able to buy the supplies he needs to get good crops and increase production. His future plans include paying off this loan so he can get another one to buy more land and grow more crops.
View original language description ↓
Santos de 37 años de edad, un humilde habitante de la Comunidad la Joya, en las afueras de Teustepe, casado, padre de 3 hijos entre las edades de 9,14 y 16 años, actualmente los tres están estudiando, de oficio comerciante, se dedica a la agricultura y a la ganadería. Inicio en el ámbito del comercio hace 20 años, el cual inicio como ayudante de su jefe quien era negociante, fue allí que adquirió experiencia y total dominio del negocio, luego con dinero que tenía ahorrado decidió emprender su propio negocio como es la siembra de maíz y la compra y venta de ganado, él cuenta con el apoyo de sus hijos y el de su esposa, él se siente satisfecho con sus negocios porque le va muy bien, ha logrado obtener mejores ganancias.

Santos está solicitando el financiamiento para comprar insumos tales como fertilizantes, abonos, herbicida y alimentos para el ganando. El estima que este préstamo le será de mucha ayuda porque podrá comprar todo los insumos necesarios que necesita para la siembra, con el propósito de acudir su cosecha e incrementar su siembra, sus planes futuros es cancelar el préstamo para luego volver a solicitar otro para comprar un terreno Y poder ampliar su cosecha.

About Nicaragua

  • $3,636
    Average annual income
  • 65
    View loans »
    Nicaragua Loans Fundraising
  • $23,485,000
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $850 helped Santos Rey buy supplies such as fertilizer, manure, herbicide and cattle feed.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jan 9, 2013
Listed
Jan 23, 2013
Currency Exchange Loss:
N/A
Ended:
Oct 22, 2013