Check out some available loans that are similar to this one!
Jairo

Update on Jairo

Jairo works every day brimming with good spirits and joy. He is a dynamic and determined man who works planting corn and beans. He also sells aluminum products and has a small store. He excels in each one of his businesses. He aspires to keep his customers happy in order to increase his earnings. He is 36 years old, married and he has three children. He started his business 13 years ago. He says that it was a challenge as he had little capital but he has achieved his objective, maintaining multiple jobs in order to provide his family with good health and quality education.

Jairo is requesting another loan in order to increase the production of his capital. He wants to invest as much in the store as in planting corn. He needs to buy basic grains, bread, soft drinks and cleaning products, as well as manure, fertilizers and seeds. He is very grateful for the first financing from Kiva through MiCrédito, with which he managed to grow his business. He says that without the support of his family it wouldn’t have been possible and they are who he fights for on a daily basis. He wants to provide them a prosperous future. His goal is to improve the conditions of his store and keep growing.
View original language description ↓
Día a día, con ánimo rebosante y alegre, trabaja Jairo. Es un hombre dinámico y luchador, quién se dedica a la siembra de maíz y frijol, también vende productos de aluminio y tiene una pequeña pulpería. Sobresale en cada uno de sus negocios, anhela mantener a su clientela contenta para incrementar sus ganancias. Tiene 36 años de edad, está casado y tiene tres hijos. Hace 13 años inicio su negocio, asegura que fue todo un reto pues contaba con poco capital, pero ha logrado su objetivo, mantener varios trabajos para brindarle a su familia salud y educación de calidad.
Jairo solicita otro crédito para incrementar la producción de su capital, quiere invertir tanto en la pulpería como en la siembra de maíz, necesita comprar granos básicos, pan, refrescos, productos de limpieza, asimismo, abono, fertilizantes y la semilla. Él está muy agradecido con el primer financiamiento de KIVA a través de MiCrédito, con el que logro crecer su negocio, expresa que sin el apoyo de su familia no hubiese sido posible y son ellos por los que a diario lucha, anhela brindarles un futuro próspero. Su meta es mejorar las condiciones se su local y seguir creciendo.

Previous Loan Details

Jairo is 35 years old and a Kiva borrower. He feels very thankful for the Kiva loan. It was a big help because he could invest it in his business, buying high-demand products like rice, sugar, sodas, oats, soap, and pay for the labor costs of sowing the land. When he is not sowing, he is working ... More from Jairo's previous loan »

Additional Information

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

Tags

About Nicaragua

  • $4,800
    Average annual income
  • 103
    View loans »
    Nicaragua Loans Fundraising
  • $24,823,475
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $850 helped Jairo to purchase basic grains, bread, soft drinks and cleaning products, as well as manure, fertilizers and seeds.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jun 3, 2014
Listed
Jun 17, 2014
Currency Exchange Loss:
N/A
Ended:
Mar 17, 2015