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José Abraham
José Abraham, married and 49 years old, is a cobbler. His immediate family is a family of four, made up of his 4 sons and his wife. He has had his own business for 7 years. He launched his business with a lot of effort and his own capital. With the passage of time he has seen his client base grow. As a result he needs to invest more working capital, buying the various raw materials he uses, such as white glue, yellow glue, fine shoe lining, foam lining, shoe soles, shoe shanks, and other parts and raw materials for shoemaking. In order to satisfy his clients´ demand, he has three workers who support him in order to rapidly produce his products, such as women’s shoes, which are his specialty.

José has returned to the office of Kiva´s partner Ceprodel to request a new loan, a loan that will allow him to purchase the raw materials he needs. He has received various orders and does not want to miss the opportunity to make the sales. He comments that the help he receives through Kiva’s partner has brought him good benefits, economically and with his family. For all of this, he is very grateful.
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José Abraham, casado, con 49 años de edad, de oficio zapatero, su núcleo familiar es de cuatro sus hijos y su esposa, con 7 años de tener su propio negocio el cual emprendió con mucho esfuerzo con capital propio, pero con forme va pasando el tiempo ve que su clientela a aumentado por lo que necesita invertirle mas acpitak de trabajo comprando los diferentes materiales como pega blanca, pega amarilla, forro fino, forro de galleta, azulón, suela champiom, royal, cajuela, cambrillones, Brasil. Y poder sastifacer la demanda, cuenta con tres trabajadores y el que también apoya para sacar rápido el producto como es el calzado para damas en el que se especializa más.

Nuevamente se acerca a nuestra oficina para solicitar un nuevo préstamo, que le permita realizar la compra que esta requiieriendo porque esta teniendo varios pedidos y no quiere desaprovechar la oportunidad de venta. Comenta que esta ayuda que adquiere por parte de Ceprodel le ha dado buenos beneficios, tanto económicos como familiar, por lo que le esta muy agradecido.

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
  • 149
    View loans »
    Nicaragua Loans Fundraising
  • $23,163,975
    Funds lent in using Kiva
  • 23.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped José Abraham to buy glues, fine lining, foam lining, shoe soles, shanks and other materials with which to make shoes.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 18, 2012
Listed
Jun 9, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2013