Luis Gonzalo is a hard-working merchant. He has had various loans with the institution, and he has repaid them very well. He works six days a week from five in the morning until five in the afternoon. His business is selling fruits and vegetables at one of the markets in the capital. He starts his business activity very early because he buys the products that he comes to sell, and this way he stocks his business and has a variety of fruit and vegetables.
He is requesting a loan from CEPRODEL to invest working capital in the purchase of more products. He will do this to offer a variety to his customers and to gain more buyers. He is grateful to CEPRODEL and Kiva for the opportunity and the trust given to him. He will use this loan to invest in his business, which will allow him to support his household and to improve his living conditions.
El señor Luis Gonzalo, comerciante trabajador, ha tenido varios créditos con la institución y los ha pagado muy bien, labora seis días ala semana desde las cinco de la mañana hasta las cinco de la tarde, en su negocio venta de frutas y verduras, en uno de los mercados capitalinos, su actividad inicia muy temprano debido a que el compra sus productos a productores que llegan a vender y de esta manera abastece su negocio, tiene variedad de frutas y verduras.
Solicita a Ceprodel un préstamo para invertir en capital de trabajo, para la compra de frutas y verduras. Esto con el propósito de comprar mas productos, ofreciendo variedad a sus clientes y captar mas compradores. Agradece a ceprodel y Kiva, por la oportunidad y la confianza depositada en el, por lo que este crédito lo invertirá en su negocio de forma que esto le permitira llevar el sustento a su hogar e ir mejorando su condición de vida.
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.