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Rene Omar
René lives in Subtiava, a very picturesque and well-known neighborhood in the city of León. He is a business man who owns mills. He is 54 years old, married, and has three children who are 23, 22, and 17 years old. His oldest son is a telematics engineer; the other two are still in school. This business has been passed down from generation to generation; his parents and grandparents were the ones who were in charge of this business. However, he has run it on his own for approximately 23 years.

He is asking for the loan to equip and repair his business, to maintain his mills on site and to invest in the purchase of staple grains. This will help him give his business a better appearance and provide better service to his customers. One of his future plans is to expand by setting up more mills in different areas of the city of León. His next goal is to help his two youngest children finish their professional studies.
View original language description ↓
En Subtiava un barrio muy pintoresco y conocido en la ciudad de León, habita el señor René , un comerciante , dueño de molinos, tiene 54 años de edad, casado, tiene 3 hijos de 23,22 y 17 años de edad, el mayor de sus hijos es ingeniero en telemática los otros dos aun están estudiando. Este negocio ha sido traspasado de generación en generación, sus padres y abuelos eran quienes se hacia cargo de este negocio. Pero el tiene aproximadamente 23 años de tenerlo por cuenta propia.
El solicita el préstamo para acondicionar y hacerle reparaciones a su local, mantenimiento a su molinos donde tiene su molino, e invertir en compra de granos básicos .Esto le ayudara a dar una mejor presentación a su negocio y dar un mejor servicio a sus clientes. Uno de sus planes futuros es expandirse, poner otros molinos en lugares diferentes de la ciudad de León, su meta próxima es ayudar a sus dos hijos menores a finalizar sus estudios profesionales.

About Nicaragua

  • $4,800
    Average annual income
  • 46
    View loans »
    Nicaragua Loans Fundraising
  • $26,296,575
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $900 helped Rene Omar to equip and repair his business, to maintain his mills on site and to invest in the purchase of staple grains.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Oct 4, 2011
Oct 15, 2011
Currency Exchange Loss:
Aug 16, 2012