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Marlon
Marlon is the owner of a carpentry shop, a business that he learned from a young age with the financial support and help of his father.

His specialty is the production of wardrobes with three sections, which he sells in the popular markets in Managua and other significant cities in the country. His work is of good quality, and his designs are well received.

Currently, the demand for wardrobes has grown over the past few months, so he needs more working capital to acquire raw wood, an indispensable basic material. Therefore, he is asking CEPRODEL for a loan to buy wood, with the objective of buying a greater volume of materials at a lower price.

He is a person with great potential for development, and he is thinking of making other furniture and putting a permanent storefront in one of the most important markets in Managua.
View original language description ↓
El señor Marlon es propietario de un taller de carpintería, negocio que aprendió desde muy joven con el apoyo económico de su padre.


Su especialidad es la producción de roperos de tres cuerpos, de los cuales los comercializa en los mercados populares de Managua, y algunas ciudades importantes del país, su trabajo es de calidad y con una gran aceptación por el diseño.


Actualmente su demanda de roperos ha crecido en estos últimos meses, por lo que necesita de mayor capital de trabajo para adquirir madera, materia prima indispensable, por lo que solicita a ceprodel un crédito para la compra de Madera; esto con el objetivo de comprar volumen de materiales a un menor precio.


Es una persona que tiene un gran potencial de desarrollo y está pensando en producir muebles y poner un establecimiento en uno de los mercados más importantes de Managua.

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
  • 169
    View loans »
    Nicaragua Loans Fundraising
  • $23,230,825
    Funds lent in using Kiva
  • 24.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Marlon to buy wood.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 9, 2012
Listed
Nov 17, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 21, 2013