Check out some available loans that are similar to this one!
Blismar
View original language description ↓
Mr. Blismar S. sells groceries and home products. He has had this business in the city of Chinandega for a year, starting out with only a few products and stocking it with new products as the months passed.


Mr. S. is a single dad with one son under his care. His son is a student at Chinandega Elementary School.


Since he started his business, Ceprodel has provided Mr. S. with loans that have been of great benefit. Thanks to these loans, he has been able to restock his store. He wishes to continue investing in his business so that he may become one of the best merchants of the city.

Translated from Spanish by Elizabeth Casian, Kiva Volunteer.


El negocio al que se dedica el señor Blismar S. es a la venta de abarrotarías o artículos del hogar. Tiene su propia distribuidora desde hace 1 año iniciándola con pocos productos y a medida que pasan los meses la ha venido surtiendo con nuevos productos que ofrece en la ciudad de Chinandega.



El señor Blismar es padre soltero y con un hijo a su responsabilidad el cual cursa sus estudios de primaria en el colegio de Chinandega.



Desde que inició su negocio, ha tomado la decisión de trabajar con Ceprodel habiendo recibido créditos que le han ayudado a salir adelante en su negocio de manera que ha podido surtir sus estantes y son sus deseos continuar invirtiendo en su negocio para así poder convertirse en uno de los mejores comerciantes de su ciudad.

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
  • 132
    View loans »
    Nicaragua Loans Fundraising
  • $24,558,975
    Funds lent in using Kiva
  • 18.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Blismar purchase of merchandise.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jan 9, 2008
Listed
Dec 26, 2007
Currency Exchange Loss:
Covered
Ended:
May 10, 2008