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Ricardo José
Ricardo José is a teacher. He has done this work for 3 years. He is single and lives in his mother's house.

He has a mill that processes corn to make tortillas, nacatamales (a steamed meat and vegetable pasty cooked in banana or maize leaves), and baked goods (donuts). All of these items are made of corn and are popular foods in Nicaragua.

He is requesting this loan to make improvements to the site where he has the mill so that he can provide a good service to his customers.

He has this small business thanks to Ceprodel and Kiva because he has been able to obtain the equipment with his loans. This has helped him a lot because his mother attends to the business since she spends all day at home.
View original language description ↓
Ricardo José es profesor, tiene trece años de laborar, es soltero, vive en casa de su madre.

Tiene un molino donde procesa el maíz para elaborar tortillas, nacatamales, cosas de horno(Rosquillas), todos estos productos fabricados del maíz, popular en la comida de los nicaragüenses.

El dinero lo solicita para mejorar el local donde tiene el molino y así prestar un buen servicio a su clientela.

Gracias a ceprodel y kiva tiene este pequeño negocio porque con créditos que se le ha otorgado obtuvo este equipo. Le ha ayudado de mucho por que su mama atiende esta actividad por lo que ella pasa todo el día en casa.

Additional Information


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

  • $4,800
    Average annual income
  • 76
    View loans »
    Nicaragua Loans Fundraising
  • $25,420,300
    Funds lent in using Kiva
  • 24.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Ricardo José to purchase sand, cement, and stone blocks.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Oct 30, 2012
Nov 18, 2012
Currency Exchange Loss:
Dec 21, 2013