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Rosalió Raúl
Rosalió deals in wood furniture, such as wardrobes, doors, and bed frames. He learned the carpentry trade in a private construction business after finishing secondary school. He found himself without a job because of personnel cutbacks, but after he was laid off he got the idea to buy electric tools and set up his own business in a space next to his home.

A workday in his shop starts at seven in the morning with assigning work to his assistants, cleaning the shop, selecting the wood, planing it, and lathing it. Essentially, it is all part of a process that requires artistry, patience, and technical knowledge of what is being done.

He believes that his loan will help him expand and improve conditions in his business.

He is in a relationship and he has a daughter who is not yet school-age.
View original language description ↓
El Sr. Rosalió es comerciante de muebles de madera como roperos, puertas y camas matrimoniales, el aprendió el oficio de carpintería en una empresa privada que se dedica a la construcción después que sale de la secundaria, debido a un recorte de personal quedo en el desempleo, con su liquidación tiene la idea de comprar herramientas eléctricas y poner su propio negocio personal, local que queda contiguo a su casa de habitación.
Un día de trabajo en su taller empieza a las siete de la mañana, con la distribución de trabajo para sus ayudantes, limpieza del local, selección de la madera, cepillar la madera, tornear la madera, en fin es todo un proceso donde implica arte, paciencia y conocimiento técnico en lo que hace.
El cree que este crédito le ayudara en ampliar y mejorar las condiciones de su actividad comercial.
Su estado civil es acompañado, tiene una niña en edad de pre-escolar,

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
  • 94
    View loans »
    Nicaragua Loans Fundraising
  • $24,386,550
    Funds lent in using Kiva
  • 23.6
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $675 helped Rosalió Raúl to buy laurel wood and black earpod tree wood.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 5, 2012
Listed
Aug 11, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013