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José Benito
José Benito has worked selling footwear as an ambulatory vendor in the city of León for twenty-five years. He does this work to earn a living for his family, which is made up of his wife and their three children.

He goes to his job at 8:00 a.m. and finishes at 3:00 p.m. He works this same schedule from Monday to Sunday. He travels to the city of Managua two times per week to purchase his merchandise.

José Benito came to CEPRODEL to benefit from a loan in order to purchase shoes, caps, and belts, and in that way satisfy his customers’ demand, so he will obtain more income for the well-being of his family. He hopes that his children will complete a professional degree.
View original language description ↓
El Joven José Benito, se dedica a la venta de calzado de forma ambulante en la ciudad de León desde hace veinticinco años, el realiza esta labor para llevar el sustento a su familia que está compuesta por su esposa y sus tres hijos.

El Joven se traslada a su puesto de trabajo desde las 8:00 am y finaliza a las 3:00 pm. Labora de lunes a domingo en este mismo horario. El viaja a la ciudad de Managua dos veces por semana a comprar su mercadería.

José Benito se presento a Ceprodel para ser beneficiado con un crédito para la compra de zapato, gorra y fajas y así satisfacer la demanda de su clientela donde obtendrá los ingresos para el bienestar de su familia, El sueña que sus hijos logren a coronar una carrera profesional.

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
  • 91
    View loans »
    Nicaragua Loans Fundraising
  • $23,723,925
    Funds lent in using Kiva
  • 24.2
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $225 helped José Benito to purchase shoes, belts, and caps.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 21, 2012
Listed
Jan 13, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013