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Edmundo
Sr. Edmundo is 60 years old, married, and a woodworker by trade. He resides in the Department of Masaya. His dream was to have his own video game business where the neighborhood children could pass the time after they finished school.

The idea for this business emerged because he needed to find another source of income since he was not able to find work as a furniture maker. With the help of his wife, Edmundo established a few small businesses so that he could help their children get ahead. As a result, he was able to help his oldest son with his university studies.

Edmundo came to the offices of CEPRODEL so that he could request a loan in order to buy accessories, including video game discs and controls for the Nintendo 64 and PlayStation 2. He says this loan will help him acquire the games that the children are interested in, which will help him maintain his stream of income.
View original language description ↓
El Señor Edmundo, de oficio artesano de la madera, con edad de 60 años casado, reside en el departamento de Masaya, es dueño de su propio negocio de juegos de videos para distracción de los niños que pasan cuando salen del colegio y niños vecinos del sector.
La idea de poner su negocio surgió con el propósito de buscar alternativa de trabajo, ya que la ebanistería no podía ejercerla debido a la falta de empleo, con el apoyo de su esposa emprendieron unos pequeños negocios que hasta la fecha le ha ayudado a salir adelante con su hijos, lo que ha permitido apoyar grandemente a su hijo mayor con sus estudios universitarios.

Se acerca a nuestras oficinas para solicitar financiamiento y comprar accesorios como discos de juegos, controles de nintendo 64 play II.

Considera que este financiamiento le ayudara a estar actualizado con juegos que le interesan a los niños lo que le permitirá mantener sus ingresos

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
  • 155
    View loans »
    Nicaragua Loans Fundraising
  • $24,077,475
    Funds lent in using Kiva
  • 24.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Edmundo to buy video game discs and controllers.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 28, 2012
Listed
Dec 10, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 18, 2014