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Randolfo De La Cruz
Randolfo E. sells bicycle replacement parts in the El Viejo municipality of the city of Chandega. He sells them from his own fixed location. Every day customers come to buy replacement parts. It is important to note that he is very talented at repairing bicycles.

The reason that Randolfo has come to Cerodel to ask for a loan is to buy replacement parts. This way he can sell them in his establishment and get the income to continue supporting his nuclear family.
View original language description ↓

En el municipio El Viejo de la ciudad de Chinandega, el señor Randolfo E. se dedica a su actividad de venta de repuestos de bicicletas las cuales son comercializadas por el mismo en su propio local fijo donde a diario le visitan clientes para la compra de repuestos. También es importante destacar que él tiene muchas habilidades para reparar las bicicletas.

La razón por la que el señor Randolfo ha acudido a Ceprodel es para solicitar un crédito para la compra de los repuestos y de esta manera ofertarlos en su establecimiento con el fin de obtener ingresos para continuar manteniendo su núcleo familiar.

Additional Information

About CEPRODEL

This loan is administered by Centro de Promocion del Desarrollo Local (CEPRODEL), one of Kiva’s larger partners in Central America. Founded in 1991 and based in Managua, Nicaragua, CEPRODEL specializes in the development and funding of housing cooperatives for traditionally marginalized communities, the provision of microfinance services to small businesses, and the promotion of innovative renewable energy projects. In addition, unlike many microfinance institutions in the area that have chosen to avoid the rural areas of the country due to the increased financial risk, CEPRODEL provides financial services to numerous clients in the agriculture and livestock industry. Supporting a borrower through CEPRODEL means contributing to the promotion and sustainability of this important work in Nicaragua.

About Nicaragua

  • $3,636
    Average annual income
  • 171
    View loans »
    Nicaragua Loans Fundraising
  • $23,230,250
    Funds lent in using Kiva
  • 20.4
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Randolfo De La Cruz buy bicycle replacement parts.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 21, 2009
Listed
Jul 29, 2009
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2010