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Douglas Ignacio
Douglas C. has a grocery store in Nagarote. He is open for business from 6am until 6pm; he is a hard-working, dedicated person.

He is requesting funding to buy stock items for the store like: basic grains, rice, beans, sugar, cooking oil, soap, coffee, toilet paper, among other products. This loan will make it possible for him to increase his sales and profits for his family's support.
View original language description ↓
En municipio de Nagarote, el señor Douglas C. es propietario de una pulpería que atiende desde las 6 de la mañana hasta las 6 de la tarde, es una persona trabajadora dedicada a su negocio.
Está solicitando el crédito para compra de los productos de la pulpería como: granos básicos arroz, frijoles, azúcar, aceite, jabón, café, papel higiénico, entre otros productos. Con este crédito logrará obtener mayores ventas y utilidades para el sustento de su hogar.

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
  • 67
    View loans »
    Nicaragua Loans Fundraising
  • $25,075,600
    Funds lent in using Kiva
  • 21.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Douglas Ignacio to buy stock items for his store.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jan 28, 2010
Apr 1, 2010
Currency Exchange Loss:
Feb 15, 2011