Ernesto José P. is an entrepreneurial person who has his business located at the Israel Lewite market in Managua. He sells cell phone accessories and watch parts. He works Monday through Saturday from 7 am to 5 pm. He is the father of four children; only two are of school age and dependent on him. The loan requested is to purchase merchandise for his business such as: watch bands and batteries, cell phone chargers and memory chips. Ernesto says that, thanks to the loans he has received through CEPRODEL, his business has grown and he can better compete.
EL Sr. Ernesto José P. es una persona emprendedora quien tiene su negocio en el mercado Israel Lewite de Managua de venta de accesorios para celulares, reloj, el trabaja de lunes a sábado de las 7 de la mañana hasta las cinco de la tarde, el es padre de familia de cuarto hijos y solo dos dependen de el y estos se encuentran en el colegio.
El préstamo solicitado es para la compra de mercadería para su negocio como: fajas, baterías para reloj, cargadores y chip claro y movistar.
Ernesto dice que gracias a los préstamos otorgados por ceprodel su negocio ha crecido y ahora puede competir con la competencia.
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.