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Leonardo
Leonardo has had a business selling fruits and vegetables in the city of Leon for the past 18 years. He offers his products from 5 a.m. until 6 p.m. every day of the week. This business is his family's sustenance. Leonardo is requesting the loan to purchase carrots, potatoes, bananas, onions and pears at wholesale, which will allow him to have more income to improve his business and his family's quality of life. He has five children, only three still under his care, and his dream is for his business to keep growing every day so he is able to have his own home, since he currently lives with his parents.
View original language description ↓
Leonardo tiene un negocio de venta de frutas y verduras en la ciudad de León desde hace dieciocho años, inicia a ofertar su producto a las 5:00 am y finaliza a las 6 pm de lunes a domingo en este mismo horario, siendo este trabajo el que le permite llevar el sustento a su familia.

Leonardo está solicitando este crédito para comprar Zanahoria, papa, banano, plátano, cebolla, chayote por mayor y le permita tener más ingresos los que ayudaran a mejorar su negocio y su nivel de vida familiar.

Leonardo es padres de cinco hijos, solo tres está a su cargo y sus sueños son que su negocio siga creciendo cada día más para lograr tener su propia vivienda ya que actualmente habita con sus padres.

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
  • 101
    View loans »
    Nicaragua Loans Fundraising
  • $24,818,275
    Funds lent in using Kiva
  • 24.2
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Leonardo to purchase carrots, potatoes, bananas, onions and pears.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 18, 2012
Listed
Jan 13, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 18, 2014