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José Cesar
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Don José C. rents out videogames for a living in the town of Chinandega in Nicaragua. He is the father of two school aged children, and it is his obligation to offer them the necessary conditions for their development within their society. It is very important to point out that he started his business 8 years ago and presently he has improved business and purchased videogames to be sold.

Today he needs economic resources to buy videogames, and therefore he has approached Ceprodel to obtain the loan needed to purchase these videogames to be offered to the clients that visit his business.

Translated from Spanish by Lene Struck, Kiva volunteer.



El caballero José C. se dedica a su negocio de alquiler de videojuegos en la ciudad de Chinandega en Nicaragua. Es padre de dos hijos en edades escolares cuya obligación es brindarles las condiciones necesarias para su desarrollo en su localidad. Es de suma importancia destacar que el negocio lo inició desde hace 8 años y hoy en día lo ha mejorado y adquirido los videojuegos para ofrecerlos.



La necesidad que atraviesa hoy en día es que necesita el recurso económico para la compra de los videojuegos, por este motivo acude a Ceprodel para obtener el crédito necesario para la compra de estos videojuegos y así ofertarlos a los clientes que le visiten en su negocio de alquiler de videojuegos.

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
  • 93
    View loans »
    Nicaragua Loans Fundraising
  • $24,389,050
    Funds lent in using Kiva
  • 19.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped José Cesar purchase videogames for rent.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jul 3, 2008
Listed
Jun 18, 2008
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2008