Funded

Total loan: $1,300
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Missael Antonio


A loan of $1,300 helped buy construction materials to finish building his own bakery.


Missael Antonio's story

Missael is 25. He originally comes from the municipality of Sebaco in Matagalpa but now lives in Estelí. He is married and is a shopkeeper by trade.

For two years Missael’s job has consisted of making and selling doughnuts. He studied for two years at university but first started working aged 12, selling doughnuts in the street. When he was 23 he decided to start his own doughnut-making business. He worked in a communal bakery but now, thanks to his own efforts and the support of his family, he has managed to build his own bakery. It still needs to be remodelled and fitted out, since Missael ran out of money before he was able to finish.

His products are sold in Managua, Jalapa and Carazo. He would like them to be sold in supermarkets too, where they could command a higher price.

Missael has applied for a loan so that he can buy construction materials to finish building his own bakery. A loan would allow him to save on costs, since he currently pays to rent ovens. It would also help him to increase production. His plans for the future are to finish building his bakery and to renovate his home.

Translated from Spanish by Kiva volunteer Eleanor Toal


Loan details

Loan length:

20 months
Disbursed date: April 23, 2012

Lenders and lending teams



Loan details

Loan length:

20 months
Disbursed date: April 23, 2012