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Cactulo Enrique

Update on Cactulo Enrique

Every morning Cactulo, 50, gets up with his wife and mother-in-law to prepare soft drinks to be sold during the day, as well as yoghourt. Since he was 21 years old, this has served to support the family. This businessman and father of four children aged 12, 21, 23 and 24, is responsible for his wife and one of his children who still goes to school.

Cactulo could only study through primary grades, but his dedication and effort went ahead. He was hired, but after suffering a problem in his back, he had to retire. But his dreams did not end there. So he invested in the business with his wife and got a job as a night security guard.

Cactulo needs now is a loan to buy sour milk, fruits, and sugar per quintal, and glasses to save money, and to get more products to offer and of course increase his income. Among his plans is to invest in his home but his current goals are getting into the business of selling food.
View original language description ↓
Todas las mañanas, Cactulo de 50 años, se levanta junto con su esposa y suegra para preparar los refrescos que venderán en el día, más la leche agria, las cuales desde hace 21 años, sirven como sustento en su hogar. Este comerciante y padre de cuatro hijos de 12, 21, 23 y 24, está a cargo de su esposa y uno de sus hijos que todavía va a la escuela. Cactulo solo pudo estudiar su primaria, pero con su dedicación y esfuerzo salió adelante. Fue asalariado, pero luego de haber sufrido un problema en su columna, tuvo que ser jubilado. Sin embargo, sus sueños no terminaron allí, pues invirtió en el negocio de su esposa y consiguió trabajo como guarda de seguridad nocturno.
Don Cactulo está necesitando en estos momentos un préstamo para comprar la leche agria, las frutas, los vasos y azúcar por quintal para ahorrar dinero, obtener más productos que ofrecer y por supuesto incrementar sus ingresos. Entre sus planes está invertir en su casa, pero sus metas actuales son entrar en el negocio de la venta de comida.

Previous Loan Details

Cactulo is 49 years old and from Granada. He’s married and the father of three adult children. He is a merchant and sells sour milk. He began working as a watchman for a company, but in time he was let go because of his age. He used his severance pay to start his own business and he has his w... More from Cactulo Enrique's previous loan »

Additional Information

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.


About Nicaragua

  • $4,800
    Average annual income
  • 71
    View loans »
    Nicaragua Loans Fundraising
  • $25,756,600
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Cactulo Enrique to buy the youghert, fruit, glasses and sugar per quintal.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Jun 6, 2014
Jun 18, 2014
Currency Exchange Loss:
Jan 17, 2015