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Rafael Ariel
Rafael is a young man originally from the pretty city of Estelí. He is married and has a school-aged son. He is characterized as being a hard-working, entrepreneurial, and responsible person.

He currently works for a tobacco processing company. Apart from this, he has an alternative job, which is selling fast food (fried food, soda, and cosmetics). He works together on this with his wife, and their customers are his co-workers.

With the loan that he is requesting from ceprodel, Rafael wants to buy the ingredients for making food, and in this way to be able to grow his business and be able to obtain better income.
View original language description ↓
Rafael es un joven originario del la linda ciudad de Estelí es casado, tiene un hijo bajo su cargo en edad escolar, el joven se caracteriza por ser una persona trabajadora, emprendedora y responsable.

Actualmente trabaja para una empresa procesa dora de tabaco, aparte de esto tiene otra alternativa de trabajo lo que es la venta de comida rápida, (fritanga, refresco, cosméticos) esto lo realiza juntamente con su esposa y sus clientes son los compañeros de trabajo.

Con el crédito que solicita a ceprodel Rafael es para la compra de materia prima para la elaboración de alimento, a si poder crecer un poco más su negocio y por ende obtener más ingresos económicos.

Additional Information


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
  • 68
    View loans »
    Nicaragua Loans Fundraising
  • $25,075,600
    Funds lent in using Kiva
  • 24.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Rafael Ariel to buy ingredients/materials for making food and cosmetics.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Jan 30, 2013
Feb 25, 2013
Currency Exchange Loss:
Mar 18, 2014