Check out some available loans that are similar to this one!
Jefferson Emilio
View original language description ↓

Jefferson O. is a hard working and determined young man. He began selling basic household items in the Lewites Market of Managuq. From the time he was very young, he was characterized as an excellent student. He finished his studies, but with the difficult economic situation in the country, he could not find work in any company. He decided to invest his small savings to start his own business selling every day household items.

He started selling his products outside of the main market 15 years ago, but after some time, he was able to obtain his own space which requires a lot of investment. He needs to put up walls, repair the roof and fix the floor. Aside from all this, Jefferson needs to succeed to take care of and pay for the education of his only son, whom he loves dearly.

For 5 years now Jefferson has been a loyal client of Ceprodel, qualifying for 10 loans which he's used to stock more products, grow his business, and continue to take care of his family.

Jefferson O. es un joven muy esforzado y trabajador. Se desempeña en la venta de abarrotes y granos básicos en el mercado Lewites en Managua. Desde muy niño se caracterizó por ser un excelente alumno, logró terminar sus estudios pero por la difícil situación económica que atravesaba el país no logró obtener trabajo en alguna empresa así que decidió invertir sus pocos ahorros en la compra de productos de abarrotes y granos básicos para venderlos.

Comenzó vendiendo en las afueras del mercado desde hace 15 años pero a medida que pasó el tiempo, obtuvo un local propio que de hecho necesita mucha inversión ya que se encuentra en mal estado por lo que es necesario levantar paredes, reparar el techo y embaldosar el piso. A pesar de todo esto, Jefferson ha logrado sobrevivir para mantener a su único hijo que tanto ama y así brindarle sus estudios.

Desde hace 5 años Jefferson ha sido un fiel cliente de Ceprodel, realizando 10 créditos que los ha utilizado para surtir mas sus productos y de esta manera poder mantener su núcleo familiar.

Translated by Kiva volunteer, Emily Charnes

Additional Information


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
  • 102
    View loans »
    Nicaragua Loans Fundraising
  • $24,739,175
    Funds lent in using Kiva
  • 18.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Jan 28, 2008
Jan 14, 2008
Currency Exchange Loss:
May 29, 2008