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Hugo Apolonio
Hugo, a humble inhabitant of León, is 49 years old, married and has a 26-year-old son. Hugo is an independent salesman; he owns a grocery store. He started this business with the help of a friend, who gave him $800. He decided to start his own business selling groceries because he needed to survive and generate his own income. Hugo says that he does well with his store because it is a profitable business that gives him daily profits. This is his first business and his wife supports him and helps him to run it. He receives an additional income working as a manager for a company. One of his goals is to expand his business and generate greater profits.

Hugo is requesting a loan to buy a freezer and supplies such as rice, sugar, beans and oil. With the intention to offer his customers more and fresher products, he believes that this loan will help him to buy all the products he does not have in stock and to satisfy his customers. One of his goals is to pay back this loan so that he can request a new one.
View original language description ↓
Hugo un humilde habitante de León, de 49 años de edad, casado, padre de 1 hijo de 26 años, independiente, de oficio comerciante, es dueño de una pulpería.
Inicio su negocio con ayuda de un amigo quien le regalo $ 800, fue allí que decidió emprender su propio negocio de pulpería, ya que el necesitaba un medio del cual subsistir y generar ingresos por si solo, el dice que en su pulpería le va muy bien ya que es un negocio muy rentable y le genera ganancias a diario, este ha sido su primer negocio, cuenta con el apoyo de su esposa quien le ayuda a administrar su negocio, recibe otros ingresos como es el dinero que le pagan como administrador de una empresa, una de sus expectativa es hacer crecer su negocio para que le genere mas ganancias.
Hugo esta solicitando el financiamiento para comprar un frízer y comprar mas mercadería como arroz, azúcar, frijoles, aceite, etc. Con el objetivo de ofrecer más productos frescos a sus clientes, el estima que este crédito le ayudara a comprar todos los productos que aun no tiene en inventario y de esta manera poder satisfacer las necesidades de su clientela, uno de sus planes futuro es poder cancelar este crédito para luego volver a solicitar otro.

About Nicaragua

  • $4,800
    Average annual income
  • 128
    View loans »
    Nicaragua Loans Fundraising
  • $24,535,925
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,125 helped Hugo Apolonio to buy a freezer and supplies for his store, such as rice, sugar, beans and oil.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 5, 2013
Listed
Apr 16, 2013
Currency Exchange Loss:
N/A
Ended:
Apr 16, 2014