A loan of $725 helped to buy basic materials such as: a load of pochote wood and two loads of mahogany in order to fill his orders.

Jose Ilario's story

José Ilario, age 50, is married with six children of whom two are under his care. The others are economically independent. He is from one of the municipalities of Chinandega, located in the northeast of the country. This is a very productive zone where there are several types of businesses such as livestock, agriculture, fishing, gold mines, and businesses. José Ilario owns a woodworking shop located in one of the regions of Chinandega. He has a fixed salary from Minsa, where he works as a security assistant.
He purchases his materials in the neighbouring communities on credit and in cash. He has had his business for 27 years and makes all kinds of furniture such as: wardrobes, beds, doors, and drawers. He also repairs wooden furniture for resale or on commission. With great hard work, he has been able to increase his production now that demand is greater. One of his dreams is to be able to improve his business' structure in order to have better conditions and have a better work team. This will improve the quality of his work. He has fixed clients. He sells on credit and for cash. He charges weekly or every five weeks. His goal for this loan is to buy three loads of pochote wood and mahogany. This will allow him to finish off some orders. José Ilario thanks the Kiva lenders for the help they provide owners of small businesses in poor countries such as Nicaragua, so that they can have a dignified way of making a living.

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Translated from Spanish by Kiva volunteer Christine Cooper

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