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Rodolfo
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Rodolfo Juárez is a taxi driver, working every day in the city of Chinandega. Despite the difficult circumstances he faces, such as the high cost of parts and fuel, he has been able to succeed and support his household.


Today Rodolfo faces another problem. His taxi cab is in disrepair and so he needs to be parts to fix it. This is why he is turning to Ceprodel for a loan which he can use to purchase these parts and continue with his business.


Translated from Spanish by Lucy Williams, Kiva volunteer.





El señor Rodolfo Juárez se dedica a la labor de transporte teniendo su propio taxi el cual lo trabaja todos los días en su municipio en la ciudad de Chinandega. A pesar de las difíciles circunstancias que atraviesa como lo es el alto costo de los repuestos y del combustible, ha logrado salir adelante y llevar el alimento a su humilde hogar de habitación.


El problema que el señor Rodolfo hoy en día atraviesa es que el vehiculo taxi está dañado y por ende necesita de la compra de los repuestos por lo que busca el apoyo en Ceprodel para solicitar un préstamo con el cual comprar los repuestos y así continuar con su negocio en su municipio.

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
  • 150
    View loans »
    Nicaragua Loans Fundraising
  • $23,166,475
    Funds lent in using Kiva
  • 19.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Rodolfo to purchase parts for his taxi.
100% repaid
Repayment Term
16 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jul 10, 2008
Listed
Jun 21, 2008
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2009