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José Laureano
Mr. José Laureano V. is the owner of a bakery which he has had for 30 long years, having dedicated part of his life to this activity and having acquired significant experience in the business. It is important to note that Mr. V. has had great success in his business and his clients visit him to buy all the bread that he prepares, from plain bread to sweet bread, which he sells daily in his establishment. He hopes to receive the loan so that he can continue to create delicious bread to sell.
View original language description ↓

El señor José Laureano V. es propietario de una panadería el cual posee desde hace 30 largos años habiendo dedicado parte de su vida a esta actividad y habiendo adquirido mucha experiencia en el negocio.

Es importante destacar que el señor V. ha sobresalido en su negocio y sus clientes le visitan para comprarle el pan que el prepara tal como pan simple y pan dulce siendo vendido a diario en su establecimiento. Espera en que Ceprodel le brinde el crédito y así continuar elaborando el delicioso pan para su venta.

Additional Information


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

  • $4,800
    Average annual income
  • 90
    View loans »
    Nicaragua Loans Fundraising
  • $24,741,875
    Funds lent in using Kiva
  • 20.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,175 helped José Laureano purchase of raw materials for his bakery.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Aug 17, 2009
Sep 16, 2009
Currency Exchange Loss:
Oct 12, 2010