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Armando Jose
Armando José Chavarría is from Condega, a small village some 35 kilometers north of Estelí. He is happily married and has three grown children.

He is the owner of a taxi business, and he drives the taxi himself. This allows him greater control of the business and enables him to bring better service to his customers. He works every day of the week from 7 am to 10 pm, and even later on weekends. He reports that this is his main source of income to support his family. His wife works in the mayor's office in Condega and also contributes to the household expenses.

He is seeking a loan from Ceprodel so that he can make improvements to his taxi. He needs to buy tires and to perform periodic maintenance. By maintaining his vehicle in consistently good condition, he will be be able to provide better service, which directly impacts his income.
View original language description ↓
El señor Armando José Chavarría es originario del municipio de Condega, un pequeño pueblo a unos 35 km al norte de Estelí y esta felizmente casado y tiene tres hijos los que ya son independientes.

El es dueño de una unidad de taxi mismo que el maneja y administra y de esta manera lleva mejor control de la unidad y brindando un mejor servicio a los clientes. El atiende todos los días de la semana desde las 7 am hasta las 10 pm y más tarde los fines de semana. Cabe mencionar que esta es su principal fuente de ingreso para el sustento de su familia. La esposa de el labora como empleada en la alcaldía de este mismo municipio quien también aporta al sustento del hogar.

solicita a Ceprodel un crédito con el objetivo de mejorar la unidad de taxi que el tiene, consiste en la compra de las llantas del vehículo y el mantenimiento mecánico periódico que debe realizarse y que el vehículo siempre se mantenga en buenas condiciones lo que le permitirá dar un buen servicio de lo que depende directamente 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

  • $4,800
    Average annual income
  • 111
    View loans »
    Nicaragua Loans Fundraising
  • $24,828,400
    Funds lent in using Kiva
  • 24.2
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Armando Jose to buy tires and perform maintenance on his taxi.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 26, 2012
Listed
Jan 17, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2014