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Electerio Felipe
Electerio, a humble man of 53 years, is from the city of Darío Matagalpa but currently lives in Managua. He is married and has four children, but only the 7-year-old is in school. Electerio is a merchant. He has owned a small store for over 15 years. He entered the field at the age of 36, working for a business. He later decided to quit, and used the severance pay to establish his own business: his store. He sought funding to buy more products that he no longer has in his inventory. His wife supports him in the business by managing the store.
He needs this loan for the purchase of rice, sugar, oil, chicken, bologna, cheese, cream, sausages, bread, etc. His goal is to increase his sales in order to make a better income and to be able to satisfy his customers. One of his plans for the future is to be able to convert his store into a distributor.
View original language description ↓
Electerio un humilde señor de 53 años de edad, originario de la Ciudad Darío Matagalpa, pero actualmente vive en Managua, casado, padre de 4 hijos, actualmente solo uno de 7 años esta estudiando, de oficio comerciante, es dueño de una pulpería del que es propietario hace mas de 15 años. Inicio en el ámbito del comercio a la edad de 36 años, trabajando en una empresa, luego decidió renunciar y con la liquidación que le dieron, pudo establecer su propio negocio como es la pulpería, busco financiamiento para comprar mas productos que aun no tiene en inventario, en su negocio recibe el apoyo de su esposa quien le administra su pulpería.
El esta requiriendo el financiamiento para comprar arroz, azúcar, aceite, pollo, mortadelas, queso, crema, embutidos, pan, etc. Con el objetivo de incrementar sus ventas para obtener mejores ganancias y poder satisfacer las necesidades de sus clientes, unos de sus planes futuros es poder convertir su pulpería en una distribuidora.

About Nicaragua

  • $3,636
    Average annual income
  • 124
    View loans »
    Nicaragua Loans Fundraising
  • $24,036,450
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $625 helped Electerio Felipe to buy rice, sugar, oil, chicken, bologna, cheese, cream, sausages, bread.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 11, 2013
Listed
Mar 1, 2013
Currency Exchange Loss:
N/A
Ended:
Jan 18, 2014