Juan resides in the city of Masaya, cradle of Nicaraguan folklore. He is single, 22 years old and he is a merchant. His family nucleus is made up of five people including his mother and three sisters.
Juan has his own business and it consists of a line of clothing, household appliances and cosmetics. He started it with the purpose of helping with the household income since his mom is a single mother and he needed to support her in the purchase of medicines for her illness. His clientele belongs to Masaya and the municipality of Nandaime to which he has to travel to offer his products. He works by orders, the customer requests the product from him and later he takes it to them. He purchases his products in the municipal market of Masaya. Currently he is having a lot of demand, which is why he is requesting a loan that will help him to increase his business and therefore his sales.
He will use the loan for the purchase of a bale of used clothing, children’s shampoo, hand cream, hair cream and compact powder.
El joven Juan reside en la cuidad de Masaya, cuna del folklore Nicaragüense, es soltero y tiene la edad de 22 años, comerciante, su núcleo familiar es de 5 personas su mama y tres hermana.
Juan posee su propio negocio, y consiste en una línea de ropa, electrodomésticos y cosméticos. Lo inicio con el propósito de ayudar con ingresos al hogar ya que su mama es madre soltera y necesitaba apoyarle en la compra de los medicamentos por su enfermedad.
Su clientela pertenece a Masaya y Nandaime municipio al que tiene que viajar para ofertar sus productos, trabaja por encargo, el cliente le solicita el producto y el posteriormente se lo lleva.
El adquiere sus productos en el mercado municipal de Masaya. Actualmente esta teniendo mucha demanda motivo por el cual solicita un préstamo que le ayudara a incrementar su negocio y por ende sus ventas.
El crédito lo usará para la compra de paca de ropa usada, Shampoo para niño, crema para manos, crema para cabello, polvo compacto.
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.