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Walter Martin
Walter provides a welding service and also has his own mechanical workshop. He has lots of customers that bring their vehicles to him to repair. There are four people in the workshop who do different jobs.

This borrower needs a loan in order to buy a soldering iron which is one of the main tools in his work and because of the demand the soldering iron he has isn’t able to accommodate the need.

Walter says, “I am happy and content for the loans provided and for the opportunity and confidence placed in me. These loans have helped me to expand my business. I hope you continue to help me.”

He is married and has two school age children.
View original language description ↓
El Sr. Walter presta el servicio de soldador y al mismo tiempo es mecánico tiene su propio taller, tiene bastante clientela que llegan con sus vehículo para que él se los repare, trabajan cuatro personas en el taller realizando diferentes trabajos.
Este cliente necesita un financiamiento para comprar un soldador que es una de las herramientas principal en su trabajo ya que por la demanda que tiene no le da abasto el soldador que tienen.
Ya me han financiado algunos crédito y me siento satisfecho y contendo por la oportunidad que me han brindado y la confianza que depositaron en mi. Estos créditos me han ayudado en el crecimiento de mi negocio. Espero me sigan apoyando.

Es casado, tiene tres hijos dos en edad escolar.

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
  • 134
    View loans »
    Nicaragua Loans Fundraising
  • $24,576,775
    Funds lent in using Kiva
  • 24.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Walter Martin to buy a soldering iron to use in his workshop.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 26, 2012
Listed
Jan 6, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 18, 2014