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Juan Antonio
Juan Antonio does vulcanization and sells tires. He does 24 hour shift work from 6:00 am to 10:00 pm and his sons work the 10:00 pm to 6:00 am shift. He wants to be able to give good service to his customers and be available when they need his services. His shop is located in a strategic location in the Parque Posada del Sol 1c, an area where there are many vehicles.

This will be his first loan through this institution and he is grateful for the support he has received which has helped him to grow his business and improve his income. This has allowed him to improve his family’s life. He has four children.
View original language description ↓
El Sr. C., se dedica a dar servicio de vulcanización y venta de llanta trabajando las 24 hrs. día en turno de 6:00am a 10:pm el Sr. C. y un segundo turno le ayudan los hijos de 10:00Pm – 6:00am del día siguiente, esto con el objetivo de dar buen servicio al cliente y estar anuente en el momento que lo amerite el caso. Su puesto está ubicado en un punto estratégico Parque posada del Sol 1c, al Sur donde está la mayor afluencia de vehículo.

Este es su primer crédito que solicita a la institución el Sr. C. se siente agradecido por el apoyo que se le ha brindado para lograr incrementar su negocio con el objetivo de obtener mayores ganancia y por ende mejorar el nivel de vida de toda su familia que está compuesto por 4 hijos.

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
  • 108
    View loans »
    Nicaragua Loans Fundraising
  • $23,723,925
    Funds lent in using Kiva
  • 21.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Juan Antonio buy tires for his business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 22, 2010
Listed
Apr 1, 2010
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2010