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José Omar
José Omar is a cobbler by trade. He is married. He started out as an employee at a shoemaking shop nine years ago, but in time he decided to start his own business. He began purchasing his own work tools, and he currently employs twelve workers. His points of sale are Managua, Matagalpa, and two of his buyers travel to Honduras.

He has returned to our offices to request financing in order to purchase leather for shoemaking (raw material), because there is a strong demand. He believes this loan will help him increase his income and make his family more comfortable. He appreciates your support, because it has been of great help.
View original language description ↓
El Señor José Omar, de oficio zapatero, casado, empezó como empleado de un taller de zapatería desde hace 9 años, pero conforme el tiempo el decidió tener su propio negocio, empezó a comprar sus propias herramientas de trabajo, actualmente tiene 12 trabajadores, sus puntos de ventas las realiza en Managua, Matagalpa y dos compradores que estos viajan a Honduras.

Se presenta nuevamente a nuestras oficinas para solicitar un financiamiento para poder comprar cuero para elaboración de calzado (materia prima) ya que la demanda esta fuerte. Considera que este préstamo le ayudara a incrementar sus ingresos y darle una mejor comodidad a su familia les agradece por su apoyo ya que le han servido de mucha ayuda.

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
  • 176
    View loans »
    Nicaragua Loans Fundraising
  • $23,195,750
    Funds lent in using Kiva
  • 23.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $875 helped José Omar to purchase leather for shoemaking.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 10, 2012
Listed
Apr 27, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 18, 2013