A loan helped to buy parts, lubricants, fuel, etc.

Holbin's story

Holbin, a young entrepreneur, is 26 years old. He is single, and has been a mechanic for four years. His is a continuing recipient of Kiva funding. His prior loan financed buying parts, lubricants, and fuels. The young man provides mechanic services. In addition he sells parts, which is where he has his greatest profits.

Today he opened a locale selling parts, lubricants, and fuels in another Municipality. He is asking for another loan from Fundenuse, his second Kiva loan, in order to reinforce the business by buying parts, lubricants, and diesel fuel and gasoline. The financing will have a positive impact as it will permit him to have greater ease of paying lower interest rates.

His short term goal is being able to build his own home for his family, and his future plans are to be able to establish another business.

Translator profile picture

Translated from Spanish by Kiva volunteer Cindy Kendall.

This loan is special because:

It provides young Nicaraguan entrepreneurs the financial means to grow or start their own business.

Loan details

Lenders and lending teams

Loan details