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Erick Daniel
Erick Daniel’s business is a unisex beauty salon. He will use the loan to invest in his business to be able to give his customers better service. He started the business five years ago with his own money. He only had a mirror and a chair.

Now the business has grown, and he has made improvements to his place. The loan will help him to keep improving his business and his quality of life.

Erick is single, but he has the responsibility of his grandmother who lives with him.
View original language description ↓

El señor Erick Daniel tiene negocio de peluquería unisex, el crédito lo ocupara para invertirlo en el mismo y poder da una mejor atención a su clientela que lo visita, el negocio lo inicio hace cinco años con capital propio donde solamente tenia un espejo y una silla ahora el negocio a crecido y a mejorado la estructura del local el crédito le beneficiara ya que asi seguirá mejorando su negocio y calidad de vida, el señor Erick es soltero pero tiene a su cargo a su abuelita que vive con el.



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
  • 126
    View loans »
    Nicaragua Loans Fundraising
  • $24,553,900
    Funds lent in using Kiva
  • 20.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Erick Daniel two revolving chairs, two meter mirror, a display case, and accessories.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 29, 2010
Listed
Feb 1, 2010
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2011