Funded

Total loan: $500
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Ivan

Nicaragua
Esteli, Nicaragua / Natural Medicines

A loan of $500 helped to buy natural products, including Omega 3, weight loss aids and shampoo.


Ivan's story

Iván, a native of Estelí, is 37 years old and married. He is the father of 5 children aged 5, 2, 10, 12, and 14 years. He is a merchant who makes and sells natural medicines. He says that he was chosen for a grant that enabled him to go to Panama to study natural medicines. It was there that he acquired his knowledge of how to make natural medicines. He has had this business for 15 years; it was his first business, and he is able to count on the support of his wife. In this way, he sells his products in Estelí and in El Salvador. He also generates some other income from his business selling beverages.

Iván expects to continue to grow his business so that he can increase his sales and thereby obtain more income to support his household. Iván is requesting a loan to buy natural medicines that he needs, such as Omega 3, weight loss aids and shampoo. By having more products in his inventory, he thinks that he will be able to sell more to his customers, and so in this way he will increase his sales and expand his business. For the future, he plans to set up a natural medicine lab and buy equipment to make his natural products. His goal is to invest more in his business so that he can make some repairs to his house and also enhance the appearance of his pharmacy.

Translator profile picture

Translated from Spanish by Kiva volunteer Lisa Grobar


Loan details

Loan length:

11 months
Disbursed date: November 9, 2012

Lenders and lending teams



Loan details

Loan length:

11 months
Disbursed date: November 9, 2012