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Francisco José
In the municipality of San Rafael del Sur, Mr. Francisco C. has made a name for himself as an enterprising individual. He believes that he can improve his family's living conditions by starting a vulcanization business (a process through which rubber is hardened by adding sulfur), for which he is requesting a loan to buy the related tools. Once his business gets started, he will be able to offer his clients great service, due to his thorough knowledge and experience with cars and trucks. Francisco is asking for this loan to begin his business and thereby improve his family's living conditions, for whom he cares very much.
View original language description ↓
En el municipio de San Rafael del Sur, el señor Francisco C. se ha destacado por ser muy emprendedor ya que piensa que puede mejorar las condiciones de vida de él y su familia por medio de un negocio de vulcanización por lo que está solicitando un crédito para comprar las herramientas de trabajo y así dar un buen servicio a los autos de sus clientes ya que él tiene mucho conocimiento en el ramo de la vulcanización y trabajo con vehículos.
Es por esta razón que el señor Francisco está solicitando el crédito para dar lugar a su actividad y de esta manera mejorar directamente las condiciones de vida de su familia a la que tanto ama.

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
  • 130
    View loans »
    Nicaragua Loans Fundraising
  • $24,054,525
    Funds lent in using Kiva
  • 20.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $925 helped Francisco José to purchase business tools.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 16, 2009
Listed
Dec 28, 2009
Currency Exchange Loss:
Covered
Ended:
May 15, 2011