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Miguel Angel
Don Miguel, who is 78 years old, is a humble member of the Comarca el Empalme de Boaco. He is married, a father of six children who are all independent, , only one of nine years is under his care. He works in sales, and has owned a store for about 10 years. He started in sales with his own money, which he had acquired from his previous work, which he had invested little by little in his store. He says that it has been going very well, since he makes money every day, and has fixed customers. This has been his first business. He receives other income such as his pension, which he receives from INSS. His goal is to continue expanding his business.

He needs a loan in order to buy rice, sugar, beans, soap, beverages, etc, with the objective of adding more products to his inventory in order to increase his sales and make more money.
View original language description ↓
Don Miguel, de 78 años de edad, un humilde habitante de la Comarca el Empalme de Boaco, casado, padre de 6 hijos todos son independiente, solo uno de nueve años esta a su cargo, de oficio comerciante, es dueño de una pulpería desde hace mas de 10 años. Inicio en el ámbito del comercio con capital propio, dinero que adquirió de su anterior trabajo, el cual lo fue invirtiendo poco a poco en su pulpería, ya que el dice que le va muy bien en su negocio porque le genera ganancias a diarias, y cuenta con clientes fijos, este ha sido su primer negocio, el recibe otros ingresos como es la pensión que recibe del INSS, sus expectativas es seguir ampliando su negocio.
El esta requiriendo el financiamiento para comprar arroz, azúcar, frijoles, jabón, gaseosa, etc. Con el objetivo de agregar más productos al inventario de su pulpería, para incrementar sus ventas y obtener mejores ingresos

About Nicaragua

  • $4,800
    Average annual income
  • 130
    View loans »
    Nicaragua Loans Fundraising
  • $24,575,325
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Miguel Angel to buy rice, sugar, beans, soap, beverages, etc. for his general store.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 29, 2013
Listed
Feb 9, 2013
Currency Exchange Loss:
N/A
Ended:
Feb 17, 2014