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Erick Enrique
Señor Erick Enríquez lives in the city of Managua.

Señor Erick visited the CEPRODEL office to request a loan for investing in his small grocery store where he sells different food items. With the loan he will be able to purchase beef, chicken, perishables, rice and other products to increase his inventory, satisfy his clientele and thus and get better returns with which he will support his home and family, who depend on him.
View original language description ↓
El señor Erick vive en la ciudad de Managua y visitó la oficina de Ceprodel para solicitar un crédito para la inversión de su pequeño negocio de pulpería donde vende diferentes tipos de comestibles.

Por medio del crédito, él va a realizar la compra de la carne, el pollo, los perecederos, el arroz entre otros productos para incrementar su iventario en la pulpería para satisfacer a su clientela y así obtener utilidades para la manutención de su hogar que tanto depende de él.


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
  • 141
    View loans »
    Nicaragua Loans Fundraising
  • $24,067,475
    Funds lent in using Kiva
  • 22.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Erick Enrique to invest in his business by buying chicken, meat and vegetables.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 29, 2011
Listed
Sep 1, 2011
Currency Exchange Loss:
Possible
Ended:
Nov 19, 2012