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Eddy Abercio
View original language description ↓
Eddy S. is a young man who has demonstrated skills for carpentry work since he was a young man. His business is located in the patio of his house, with the advantage of being located in a very busy area. He is also one of few carpenters in his village, El Sauce, in the city of León.

The need this gentleman faces is that in order to continue maintaining his humble household (wife and son ) along with his elderly parents, he needs to invest in the purchase of wood and tools in better condition than those he currently uses. This will allow him to continue providing a good service to his clients. For this reason he turns to Ceprodel, to receive the loans that allow him to purchase tools and wood of excellent quality. His credit record with Ceprodel is 4 loans.

Translated from Spanish by Erin Corcoran, Kiva volunteer.

Eddy S. es un joven que desde muy pequeño ha tenido la habilidad de trabajar en la carpintería. El negocio lo ubica en el patio de su casa teniendo la ventaja de estar ubicado en un lugar muy visitado y adema es uno de los pocos carpinteros de su pueblo El Sauce en la ciudad de Leon.


La necesidad que atraviesa este caballero es que para continuar manteniendo su humilde hogar(esposa e hijo) y a sus ancianos padres requiere invertir en la compra de la madera y de herramientas en mejor estado para continuar brindando un buen servicio a sus clientes. Por tal motivo es que acude a Ceprodel para ser beneficiado con créditos que le permitan la compra de las herramientas y madera de excelente calidad. Su record crediticio es de 4 créditos con Ceprodel.

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
  • 91
    View loans »
    Nicaragua Loans Fundraising
  • $23,720,200
    Funds lent in using Kiva
  • 18.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Eddy Abercio purchase of wood and tools.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Mar 1, 2008
Listed
Feb 16, 2008
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2009