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Leonardo De La Concepción
This member has over 40 years of experience in the sale of hardware items by means of which he supports his family. Currently he is supporting only his wife since his children have already finished their university studies thanks to their father's effort and the business.

With regards to the loan application, he needs the loan to purchase merchandise such as extension cords, spark plugs, wrenches and padlocks, since the high-sales season is approaching with the end of the year.
View original language description ↓
ESTE CLIENTE CUENTA CON MAS DE 40 AÑOS DE EXPERIENCIA EN EL LA VENTA DE PRODUCTOS FERRETEROS. CON DICHO NEGOCIO A SACADO A DELANTE A SU FAMILIA DE LA CUAL YA SOLAMENTE MANTIENE A SU ESPOSA POR QUE SUS HIJOS YA CULMINARON LOS ESTUDIOS UNIVERSITARIO GRACIAS AL ESFUERZO DE SU PADRE Y EL NEGOCIO.
EN CUANTO A LA SOLICITUD DE CREDITO LA NESECITA PARA LA COMPRA DE MERCADERIA YA QUE SE APROXIMA LA TEMPORADA ALTA EN VENTAS QUE ES LA DE FIN DE AÑO

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

  • $4,800
    Average annual income
  • 102
    View loans »
    Nicaragua Loans Fundraising
  • $24,738,450
    Funds lent in using Kiva
  • 24.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Leonardo De La Concepción to purchase merchandise for his hardware business.
100% repaid
Repayment Term
4 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 30, 2012
Listed
Nov 20, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 19, 2013