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Leonel Jose
LEONEL M. R. is from Managua. He has a business selling basic grains, fruit, vegetables, dairy products and shoes. He’s had the business over two years.

He’s the father of two children who are dependent on him; one of them is in school.

Leonel comes by the Ceprodel offices to request a loan to buy merchandise like: basic grains, fruit and dairy products.

Leonel says that thanks to Ceprodel loans his business has grown and now he has more products to offer.
View original language description ↓

LEONEL M. R., ES DE MANAGUA, TIENE SU NEGOCIO DE VENTA DE PRODUCTOS DE GRANOS BASICOS, FRUTAS Y VERDURAS, PRODUCTOS LACTEOS Y BOTERIA, TIENE MAS DE 2 AÑOS DE TENER EL NEGOCIO.
ES PADRE DE FAMILIA DE DOS HIJOS, Y ESTOS ACTUALMENTE DEPENDE DE EL Y UNA SE ENCUENTRA EN EL COLEGIO.
DON LEONEL ACUDE A LAS OFICINAS DE CEPRODEL PARA SOLICITAR UN NUEVO PRESTAMO PARA INVERTIR EN LA COMPRA DE MERCADERIA COMO: GRANOS BASICOS, FRUTAS Y PRODUCTOS LACTEOS.
LEONEL DICE QUE GRACIAS AL FINANCIAMIENTOS OTORGADOS POR CEPRODEL SU NEGOCIO HA CRECIDO Y AHORA CUENTA CON MAS PRODUCTOS PARA OFERTAR.

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
  • 121
    View loans »
    Nicaragua Loans Fundraising
  • $24,042,000
    Funds lent in using Kiva
  • 22.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Leonel Jose to buy basic grains, fruit, vegetables and dairy products.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 22, 2011
Listed
Apr 1, 2011
Currency Exchange Loss:
Covered
Ended:
Jan 29, 2012