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Alberto
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Mr. Alberto A. is dedicated to working in the tranport sector and has his own small truck that he uses to move cargo and passengers, according to the specific needs of his clients. For 6 years, he has worked in this sector, which has allowed him, over to time, to invest in the business in order to provide better conditions to the users of his transport services, either with him driving or using his truck to take products to the market.


Today, Mr. Alberto has the urgent need to buy parts for his truck, which is out of service, and therefore means, there is no income to maintain his family. For this reason, he is requesting assistance from Ceprodel to be able to benefit from a credit, that will allow him to buy parts and continue his business, and sustain his home and family.

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
  • 127
    View loans »
    Nicaragua Loans Fundraising
  • $23,814,675
    Funds lent in using Kiva
  • 19.2
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Alberto purchase of truck parts.
100% repaid
Repayment Term
16 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Apr 28, 2008
Listed
Apr 12, 2008
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2009