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Ervin Francisco
In the town of Condega in the Estelí department, Ervin G. dutifully works at his own clothing sale business, which he displays in store windows. At the same time, he creates advertisements out of special materials for all types of businesses and has distinguised himself in his efforts by being very creative and producing very professional work.

The reason he has come to Ceprodel to apply for a loan is because he needs it to buy clothing so he can continue offering it and also to buy the materials for the production of his advertisements and publicity material, and in this way, he will continue his business.
View original language description ↓

En el municipio de Condega del departamento de Estelí, el señor Ervin G. se dedica arduamente a laborar en su propio negocio de venta de ropa la que es exhibida en vitrinas y a la vez se dedica a la elaboración de anuncios publicitarios con materiales especiales y ofrecidos a todo tipo de negocios habiéndose destacado en esta labor por ser muy creativo y realizando trabajos muy profesionales.

La razón por el cual ha acudido a Ceprodel es para solicitar un crédito que lo necesita mucho para la compra de la ropa para continuar ofertándola y también para la compra de los materiales de trabajo para elaborar los anuncios publicitarios y de esta manera continuar en su negocio.

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

  • $4,800
    Average annual income
  • 97
    View loans »
    Nicaragua Loans Fundraising
  • $24,800,300
    Funds lent in using Kiva
  • 20.6
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Ervin Francisco to buy clothing and the material to make advertisements.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 24, 2009
Listed
Sep 28, 2009
Currency Exchange Loss:
Covered
Ended:
Oct 20, 2010