Check out other loans that are currently fundraising!
Julio Daniel
Julio is 54 years old; originally from Managua; single; and the father of three children aged 21, 33, and 35. Currently his youngest child is studying business administration in university. The other two have finished studying and are also in business. Julio is the manager of a grocery store which he has owned for the last three years. He started working in this business when he was 50 years old using his own capital which he obtained in the liquidation of his previous work. It was then that he decided to launch his own business, the grocery store, which has proven very profitable and at the same time generates sufficient daily earnings. He has other sources of income, such as the remittances that his children send him. He hopes to expand the store.

Julio is asking for this loan in order to buy rice, sugar, beans, oil, pens, notebooks, soda, etc - all of the products he needs to stock his store even more. He hopes this loan will help him to increase his inventory and in turn increase his sales and his earnings.

One of his goals is set up the building where he has his store in order to give his store a better presentation.
View original language description ↓
Julio de 54 años de edad, originario de Managua, soltero, padre de 3 hijos entre las edades de 21, 33 y 35 años, actualmente solo el menor estudia la carrera universitarias de administración de empresas, los otros dos ya terminaron de estudiar, de oficio comerciante, es dueño de una pulpería del que es propietario hace más de 3 años. Inicio su actividad laboral a la edad de 50 años, con capital propio, dinero que obtuvo de su liquidación de su antiguo trabajo, fue allí que decidió emprender su propio negocio de pulpería, el cual le resulta muy rentable y a la vez le genera muchas ganancias a diarias, cuenta con otros ingresos como es las remesas que le envían sus hijos. Sus expectativas es ampliar su pulpería.
Él está solicitando el préstamo para comprar arroz, azúcar, frijoles, aceite, lapicero, cuadernos, gaseosa, etc. Todos los productos que necesita para surtir aún más su pulpería, ya que él piensa que este crédito le ayudaría a crecer en inventarios, con el propósito de incrementar sus ventas , para obtener mejores ganancias, una de sus metas es acondicionar la infraestructura del local en donde tiene su negocio para dar una mejor presentación.

About Nicaragua

  • $3,636
    Average annual income
  • 96
    View loans »
    Nicaragua Loans Fundraising
  • $24,384,075
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $700 helped Julio Daniel to buy rice, sugar, beans, oil, pens, notebooks, soda, etc.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Feb 26, 2013
Listed
Feb 2, 2013
Currency Exchange Loss:
N/A
Ended:
Feb 17, 2014