Funded

Total loan: $1,000
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Mario De Jesus

Nicaragua
Esteli, Nicaragua / Food Production/Sales

A loan of $1,000 helped to buy corn, beans, rice and sugar.


Mario De Jesus's story

Mario is 53 years old. He is from Estelí, and the father of three children, only one of whom is in his care, as the others are adults and live independently. He is a merchant by trade and sells basic staples. He also owns some mills.

He started his business with his own money, buying two mills at the age of 42. This was his first business, and he is supported by his life companion who helps him with the milling work. He used to raise livestock. He doesn't have other income, but says that the business is very good, as it has generated good earnings for him.

He is applying for the loan to buy staples such as corn, beans, rice and sugar. This will help him because he will be able to invest more in his business, with the objective of moving forward together with his family.

In the future he hopes to manage to buy a place where he can have his business, as this would reduce his expenses since he would stop paying rent. His near-term goal is to continue working in order to see his business grow, and also to keep educating his children so that they can study to be professionals.

Translator profile picture

Translated from Spanish by Kiva volunteer Jeff Goldie


Loan details

Loan length:

9 months
Disbursed date: March 28, 2012

Lenders and lending teams



Loan details

Loan length:

9 months
Disbursed date: March 28, 2012