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José De La Concepción
José de la Concepción, a native of the capital, is married. He's a responsible and honest person with a great desire for self-improvement. Many years ago he started his business selling electrical appliances, sodas, and juice. His biggest inventory product, though, or the one that has most turnover, is toys.

José's work day starts at 8 in the morning when he arrives at his business, located in one of the markets in Managua. The first thing he does is clean his products so the toys he sells will always be presentable and in good condition. This gives the impression that they're fresh and recently purchased, even though it might be something he bought days ago, because he buys and stores merchandise. He ends his day at 6 in the afternoon.

His best seasons are between Christmas and January and February. He begins to sell products from November and December. In January Nicaragua celebrates the Three Kings, a tradition when children receive toys. José also takes advantage of these celebrations because it's when he sells most. And in February classes begin and he has a variety of products such as backpacks for students.

He's requesting this loan to buy toys, trucks, a tea set, a robot, Transformers, dolls, and cars to sell during the Christmas season.

He's grateful to CEPRODEL and Kiva for their support because this loan will help to supply his business and buy and stock products to satisfy customer demand.
View original language description ↓
José de la Concepción, originario de la capital, casado, una persona responsable, honesto, con muchos deseos de superación, desde hace muchos años que inicio su negocio venta de Electrodomésticos, gaseosas Jugos pero su producto mas grande en inventario o que tiene mejor rotación son Juguetes.

Un día de trabajo de José inicia cuando llega a su negocio que esta ubicado en uno de los mercados de Managua, a las ocho de la mañana es que empieza sus labores, Lo primero que hace una limpieza a sus productos con el objetivo de tener siempre presentable y en buen estado los juguetes que comercializa, esto da una impresión que están frescos y recién comprados aunque sea un producto que ya se ha comprado hace días, ya que el compra y almacena mercadería, terminando su Jornada a las seis de la tarde. Sus mejores temporadas son entre la Navidad que inicia a mover el producto desde Noviembre, Diciembre, enero y febrero; en Enero Nicaragua celebra a los Reyes Magos una tradición donde se regalan Juguetes a los Niños, José también aprovecha estos festejos por que es cuando mas vende y Febrero inician las clases y él cuenta con productos variados como mochilas escolares.

Este crédito lo solicita para compra de Juguetes, furgones, juego de té, Robot, Transforme, Muñecas, carros. Para comercializar en esta temporada de Navidad.

Agradece a CEPRODEL y KIVA por el apoyo que le puedan brindar ya que este crédito ayudara a surtir más su negocio y lograr comprar productos y tener almacenado para satisfacer la demanda de sus clientes.

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
  • 60
    View loans »
    Nicaragua Loans Fundraising
  • $23,441,425
    Funds lent in using Kiva
  • 23.8
    Nicaragua Cordobas (NIO) = $1 USD
Expired
A loan of $1,050 helped José De La Concepción to buy toys for the Christmas season.
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 29, 2012
Listed
Oct 12, 2012
Currency Exchange Loss:
Possible
Expired:
Nov 11, 2012