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Danny José
Danny José is a merchant whose business consists of buying and selling secondhand shoes. He has been in the marketplace for six years. Danny previously sold new shoes, but he now sees that this type of business is more favorable. His sales are conducted at the market in Jinotepe on a cash basis. He and his wife work together and the two of them are able to move their business forward.


Danny came to the offices of CEPRODEL to request a loan in order to buy women's shoes, unisex shoes, and children's shoes. By having new merchandise to offer to his customers, he will be able to keep up with demand.

View original language description ↓
El señor Danny José, de oficio comerciante, su negocio consisten en compra y venta de todo tipo de calzado de segunda tiene en el mercado 6 años, antes el trabajaba como comerciante de calzados nuevos, pero ahora miro mas favorable este tipo de comercio. Sus ventas las realiza en el mercado de Jinotepe. Sus ventas son de contado, trabaja en conjunto con su esposa ya que entre los dos han sacado adelante su negocio. Se presenta a nuestras oficinas para solicitar un crédito para la compra de zapatos de dama, zapatos mixtos, y de niños. Y así poder abastecer la demanda, y de igual manera tener nueva mercadería para poder ofrecer a sus clientes.

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
  • 116
    View loans »
    Nicaragua Loans Fundraising
  • $23,724,925
    Funds lent in using Kiva
  • 23.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $875 helped Danny José to buy women's shoes, unisex shoes, and children's shoes.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 17, 2012
Listed
Apr 27, 2012
Currency Exchange Loss:
Possible
Ended:
May 17, 2013