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Freddy Alberto
View original language description ↓
Freddy Alberto Chavarria M. is a married man with one son. He sells new and used clothing in Chinandega city. He began this business 7 years ago, and has worked with Ceprodel for 3 years. He says he began this business when he was without work for a while, and with these sales he could take care of his son.



Since working with Ceprodel for three years, he says he feels good about the previous loans as they have been very timely and accessed easily, and have enabled him to purchase merchandise that he didn’t have.



This business is located near the main bus station in Chinandega.

Translated from Spanish by Cindy Kendall, Kiva volunteer.



Freddy Alberto Chavarria M. es un señor casado y con un hijo a su responsabilidad, este cliente tiene ubicado el negocio de venta de ropa nueva y usada en la ciudad de Chinandega. Lo comienza hace siete años, tiene de trabajar con CEPRODEL tres años, dice que este negocio lo emprendió cuando queda sin trabajo por una temporada, y que de esa venta pudo preparar a sus hijos.



Este señor, trabaja con CEPRODEL desde hace tres año, nos manifiesta que se siente muy bien con los créditos otorgados pues han sido muy oportunos y brindados de manera muy ágil, y que en su momento le han servido para compra de mercadería que no la tenia en existencia.



Actualmente este negocio está ubicado cerca de la estación principal de buses en Chinandega.

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
  • 125
    View loans »
    Nicaragua Loans Fundraising
  • $24,581,200
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $550 helped Freddy Alberto purchase clothing to sell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jan 11, 2008
Listed
Dec 28, 2007
Currency Exchange Loss:
N/A
Ended:
May 12, 2008