Funded

Total loan: $400
Powered by 16 lenders

Nicolas Alonso

Nicaragua
Leon, Nicaragua / Grocery Store

A loan of $400 helped to buy products like beans, cases of soft drinks, and candy.


Nicolas Alonso's story

Nicolás, age 61, is married and has two children who are under his care. The children go to school. The 22 year old goes to the university, and the 8 year old is in elementary school. He is from Nagarote, a place that is located in the western part of the country. Nagarote is known for its typical food like "quesillo" [tortilla wrapped around pickled onions and cheese sauce] and "tiste" [traditional drink made of corn and cocoa].

Nicolás is a very responsible and hard-working man with a great desire for self-improvement. He struggles arduously in order to give his children a better future. He is about to fulfill one of his greatest dreams, which is to see his son become a professional.

Nicolás sells cooked beans, soft drinks, and candy at his house. He works at this business activity selling his products for some 12 hours a day. It is a business activity that he does with great pleasure.

The objective of the loan is to invest in working capital and to stock his business by buying beans by the “quintal” [weight measurement equaling 100 kilograms], cases of soft drinks, and candy. He will do this so that he will get improved income in the not so distant future.

Nicolás is grateful for the help that the Kiva lenders give to people with scarce resources in poor countries like Nicaragua so that they can have a decent way of earning a living.

Translated from Spanish by Kiva volunteer Ginny Kalish



Loan details

Loan length:

14 months
Disbursed date: May 10, 2013

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: May 10, 2013