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Abelardo
53-year-old Abelardo is a small businessman from Mal Paisillo, on the outskirts of León. He is married and the father of four children. Abelardo's business is making and selling tortillas. He has owned his own tortilla business for more than 4 years now. Owing to his family's poor financial situation, he was only able to complete his first year of secondary school. He established his own business at the age of 48 with his own capital. He started out making his own tortillas with just 10 pounds of corn. Through a lot of hard work and effort, he has been able to make progress in his business which is now very profitable. Abelardo has two employees who help him make his tortillas. His goal is to grow his business and become a successful businessman. He has the support of his wife.

Abelardo is requesting a loan to buy ten 100lb bags of corn and some firewood. He will also buy metal sheeting and wood. He believes that this loan will help him to buy all the raw materials that he needs to make his tortillas. He will also be able to improve the infrastructure of his business premises and thereby offer a better service to his customers. His aim is to increase his sales and make more profits. His future plans are to build a house so that he can further expand his business. One of his short-term goals is to pay back his loan.
View original language description ↓
Don Abelardo, 53 años un humilde comerciante, originario de Mal paisillo, en las afueras de León, casado, padre de 4 hijos, de oficio comerciante, se dedica a la elaboración y venta de tortilla, del que es propietario hace mas de 4 años, por la situación económica en que vivía solo logro terminar su primer año de secundaria. Inicio en el ámbito del comercio a la edad de 48 años, con capital propio, el cual comenzó con 10 libras de maíz para hacer sus tortillas, con mucho esfuerzo y arduo trabajo el ha podido salir adelante con su negocio porque es muy rentable. Hoy en día el trabaja con dos personas mas que le ayudan hacer sus tortillas, porque la demanda de su productos han crecido cada día, ya que sus clientes le encargan por mayor las tortillas. Sus expectativas es crecer en su negocio como un gran empresario exitoso, cuenta con el apoyo de su esposa.
Don Abelardo esta requiriendo el financiamiento para comprar 10 quintales de maíz, leña y al mismo tiempo comprar zinc, maderas. Ya que el estima que este préstamo le ayudara a comprar toda la materia prima que necesita para la elaboración de sus tortillas, y a la misma vez mejorar la infraestructura del local en donde tiene su negocio, para brindar un mejor servicio a sus clientes, con el propósito de incrementar sus ventas y obtener mejores ganancias, sus planes futuros es construir una casa para poder ampliar mas su negocio, una de sus metas próximas es poder cancelar el crédito.

About Nicaragua

  • $4,800
    Average annual income
  • 127
    View loans »
    Nicaragua Loans Fundraising
  • $24,581,200
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $625 helped Abelardo to buy ten 100lb sacks of corn and some firewood. He will also buy metal sheeting and wood.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Mar 28, 2013
Listed
Mar 12, 2013
Currency Exchange Loss:
N/A
Ended:
Nov 17, 2013