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Leonardo De La Concepción
Leonardo de la Concepción has been selling hardware in Chinandega's central market for 40 years. His challenge is buying merchandise at reasonable prices; therefore, he decided to approach Ceprodel for funding to purchase merchandise and continue selling to his customers.

He is married, and only his wife depends on him financially. He has been working with the institution for 8 years. The loans have helped him prosper, provide for his family, and improve his quality of life.
View original language description ↓
El señor Leonardo de la Concepción se dedica a la venta de productos ferreteros en el mercado central de Chinandega desde hace 40 años. El señor a atraviesa con dificultad y es la de comprar mercadería que le venden a precio cómodo, es por tal motivo que se decidió venir a Ceprodel para que le brindáramos oportunidad con un financiamiento para poder comprar la mercadería y seguirle ofreciéndoles a sus clientes, el señor es casado y de él depende solo su esposa. Trabaja con la institución desde hace 8 años sus financiamientos le han permitido salir adelante mantener el sustento de su familia, ha mejorado su calidad de vida.

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
  • 115
    View loans »
    Nicaragua Loans Fundraising
  • $23,731,525
    Funds lent in using Kiva
  • 23.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Leonardo De La Concepción to raise working capital to buy merchandise.
100% repaid
Repayment Term
4 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 28, 2012
Listed
Jul 13, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 20, 2012