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Marlon
Mr. Marlon Rizo owns a carpenter’s shop in the Salto community South San Rafael municipal. He specializes in making dressers of 3 sections. He makes a large amount every month. He supplies this product to shoppers in the Rivas market and Oriental market located in Managua. At the moment he is requesting South San Rafael Ceprodel a loan to meet his client’s demands since they are requesting more orders of his product.
View original language description ↓
El señor Marlon Rizo es propietario de un taller de carpintería ubicado en la comunidad de el salto, municipio de san Rafael del sur, su especialidad es la producción de ropero de tres cuerpos, elaborando una buena cantidad al mes, su mercado está dirigido en abastecer de este producto a comerciantes del mercado de la ciudad de Rivas, y el mercado oriental en Managua, actualmente necesito un financiamiento con ceprodel san Rafael del sur para poder atender las exigencias de su clientela que le están demandando mayor cantidad de roperos al mes.

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
  • 154
    View loans »
    Nicaragua Loans Fundraising
  • $24,072,325
    Funds lent in using Kiva
  • 23.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $900 helped Marlon buy materials to make dressers: cedar blocks and planks.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 15, 2012
Listed
Jun 6, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 18, 2013