Funded

Total loan: $575
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Jose Ilario

Nicaragua
Chinandega, Nicaragua / Furniture Making

A loan of $575 helped to purchase wood (kapok and mahogany), glue, nails, veneer, lacquer, and other materials.


Jose Ilario's story

José Llario, an adult, is married with six children, and he is responsible for two of them as the others are financially independent. He is from one of the Chinandega municipalities, located to the northwest of the country. The area is very productive and the predominant businesses are cattle raising, agriculture, gold mines, trade, and others. José Llario is known as a hardworking, responsible man. From a very early age, he had to work to contribute to the household expenses. So, he only completed primary school and was unable to study for a degree. For this reason, he has strived daily to provide a better future for his children so that they may achieve what he could not. José Ilario is a small businessman, owner of a beautiful cabinetmaker’s workshop where he builds all types of furniture such as wardrobes, beds, bureaus, clothes racks, doors, chairs, tables, cradles, and many others. His purchases are in cash in the regions surrounding his region. His sales are in cash and credit, which he collects every fifteen days. Today, he has more demand from his customers thanks to the quality of the work that he delivers and the good services to his customers. The purpose of this loan is to purchase raw material for his workshop. At this time, he will purchase wood (kapok and mahogany), glue, nails, veneer, lacquer, and other materials. One of his dreams is to make improvements in his business and have better working conditions. José Ilario is very grateful for the support that the Kiva investors offer to people of limited financial resources.

Translated from Spanish by Kiva volunteer Eleanor Francoletti-Putz



Loan details

Loan length:

17 months
Disbursed date: March 6, 2014

Lenders and lending teams




Loan details

Loan length:

17 months
Disbursed date: March 6, 2014