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Francisco Jose
Fifty-five year old Francisco is originally from Managua. He is married and has two children, aged eight and ten years. He is a businessman, making a living selling mobile phones. He has had this business for more than three years. He started working in business at the age of 52 with the help of a friend who loaned him money. With it, little by little he bought mobile phones that he would sell on and with a lot of effort and hard work he has managed to do well with the earnings from his business. He has some regular customers. After some time with the business he decided to look for financing in order to diversify the business to earn more money. This will make him a successful businessman. This is his first business and he travels around by bus and on it foot to distributors and to sell his merchandise.

Francisco is applying for a loan to buy mobile phones. He thinks that this loan will help him to buy more phones, of different models that he does not already have, so as to satisfy his customer's needs. His aim is to make a higher profit. One of Francisco's dreams is to be a successful businessman in the field of mobile phones so that he can supply his customers and work with his own capital.
View original language description ↓
Francisco de 55 años de edad, originario de Managua, casado, padre de 2 hijos entre las edades de 8 y 10 años, de oficio comerciante, se dedica a la venta de celular, del que es propietario hace más de 3 años. Inicio en el ámbito del comercio a la edad 52 años con la ayuda de un amigo que le presto dinero, con el cual logro comprar poco a poco celulares para vender, ya que con mucho esfuerzo y arduo trabajo ha podido salir adelante, con las ganancias que le genera su negocio, cuenta con clientes fijos , luego con el tiempo decidió buscar financiamiento para poder diversificar su negocio , para que le generara ingresos, de esta manera poder crecer como un empresario exitoso este ha sido su primer negocio, el vende de manera ambulante el bus y sus pies agiles sus los medios con los que distribuye y vende su mercadería.
Francisco está solicitando el financiamiento para comprar celulares. Ya que el estima que este crédito le ayudara a comprar más celulares de diferente modelo que aún no tiene en existencia, para satisfacer las necesidades de su clientela. Con el objetivo de obtener mejores ganancias. Dentro de sus planes futuros es ser un gran empresario de celulares para abastecer a sus clientes y poder trabajar con capital propio.

About Nicaragua

  • $3,636
    Average annual income
  • 63
    View loans »
    Nicaragua Loans Fundraising
  • $23,418,850
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $750 helped Francisco Jose to buy mobile phones.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 6, 2013
Listed
Mar 1, 2013
Currency Exchange Loss:
N/A
Ended:
Oct 18, 2013