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Teófilo Ramón
View original language description ↓
The economic activity that Mr. Teofilo P. dedicates himself to is the sale of food which he does in his own establishment in the municipality of Condega in the city of Esteli in Nicaragua. It is necessary to point out that his business only offered a few food items but through time he has been able to improve his economic condition and increase the variety of food he can offer his clients.



Ceprodel has been a pillar in his business as it has given him loans which he has used directly to improve the conditions of his business and in the purchase of all his ingredients he uses to make his foods. It is for this simple reason that he once again asks for Ceprodel’s support. The loan will allow him to purchase the necessary ingredients to be used in his high quality dishes to satisfy his loyal customers. This will allow him to improve conditions for his family which is made up of his spouse and his young daughter who is of school age.

Translated from Spanish by Cindy M., Kiva Volunteer.





La actividad económica a la que se dedica el señor Teofilo P. es al negocio de la venta de comida en su propio establecimiento ubicado en el municipio de Condega de la ciudad de Estelí en Nicaragua. Es necesario destacar que inició su negocio con pocos alimentos ofertados pero a medida que ha venido transcurriendo el tiempo ha logrado mejorar su condición económica ofreciendo más variedades de comida para los clientes.


Ceprodel ha sido un pilar en el negocio por lo que le ha brindado créditos que los ha utilizado directamente en el mejoramiento de las condiciones del negocio y además en la compra de todos sus ingredientes para elaborar los alimentos. Es por esta sencilla razón que una vez mas busca el apoyo en Ceprodel para ser beneficiado con el crédito que le permita comprar los ingredientes necesarios para preparar los platillos de mas alta calidad para satisfacer a sus fieles clientes en su negocio de comidería y así sacar adelante a su familia compuesta por su cónyuge y su pequeña niña que actualmente se encuentra en edad 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
  • 67
    View loans »
    Nicaragua Loans Fundraising
  • $23,624,275
    Funds lent in using Kiva
  • 19.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Teófilo Ramón purchase of ingredients to make food.
100% repaid
Repayment Term
16 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jun 3, 2008
Listed
May 20, 2008
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2009