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Noel Antonio
Noel Antonio lives in the department of Masaya, Las Flores city. He is 37 and married. His nuclear family is made up of his daughter and his wife.
He has 16 years' experience in the market selling food (soups and nactamales). He works five days per week on the days he believes he has the greatest demand. In general he makes his sales at noon; he says he is in a good spot, because transportation vehicles stop right out front of his stall for rest stops, and they take advantage of that time to eat.
Noel Antonio heard that Ceprodel supports business development, and he says he wants to keep going in the market and provide a better and better service. For this reason he has come to our offices to request a loan which will allow him to purchase food for making his products; his current stock is not enough because he says he is experiencing a greater demand and his business is expanding.
View original language description ↓
Noel Antonio, reside en el departamento de Masaya ciudad de las flores, tiene la edad de 37 años, casado su núcleo familiar conformado por su hija y su esposa. Tiene de experiencia 16 años en el mercado, consiste en el servicio de venta de comida (sopas y nacatamales), trabaja cinco días a la semana que son los días que considera es mas fuerte la demanda, por lo general las ventas las realiza al mediodía porque nos comenta que esta en un buen punto porque al frente de su puesto se detienen los vehículos de transporte pesado a descansar por lo que aprovechan en almorzar.
Noel Antonio escucho que en Ceprodel apoyan al mejor desarrollo de los negocio y manifiesta que quiere seguir en el mercado dando siempre un mejor servicio. Por eso se acerca a nuestras oficinas para solicitar un financiamiento que le permita realizar las compras de alimento para elaborar el producto ya que con lo que tiene no le da abasto, porque comenta que esta teniendo mas demanda y su negocio ha ido engrandeciendo.

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
  • 65
    View loans »
    Nicaragua Loans Fundraising
  • $23,480,375
    Funds lent in using Kiva
  • 23.6
    Nicaragua Cordobas (NIO) = $1 USD
Expired
A loan of $675 helped Noel Antonio to purchase tablecloths, plastic tables, plastic chairs, cups, plates, glasses, hogs, a large fritter, zinc laminate, wood.
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 17, 2012
Listed
Jul 24, 2012
Currency Exchange Loss:
Possible
Expired:
Aug 23, 2012