Miguel makes a living trading lime and salt in the north of Nicaragua. He has had this business for eleven years, which has allowed him to provide for his family.
Before owning his small business, he was a miner in the municipality of San Rafael del Sur. However, on his own initiative and using his personal savings, he managed to establish his business, in which he is able to generate income to maintain his family.
He is now in need of financing to make his investment plan a reality by acquiring lime and salt in order to fulfill the demand of his clients, who are mainly local hardware store owners and stockbreeders.
He lives with his spouse, and the couple have two children of school age.
Estimados señores, don miguel se dedica a comercializar cal y sal en el norte de Nicaragua, negocio que tiene once años de tenerlo, con lo que ha podido salir adelante a su familia.
Antes de tener su microempresa era obrero en las minas de cal del municipio de san Rafael del sur, sin embargo por iniciativa propia y ahorros personales logra establecer su negocio en donde genera ingresos para el mantenimiento familiar.
En estos momentos necesita un financiamiento para hacer realidad su plan de inversión, en adquirir cal y sal para atender la demanda de sus clientes, quienes en su mayoría son dueños de ferreterías y ganaderos de la zona.
Su estado civil es acompañado y tienen dos hijos en edad escolar.
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.