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Douglas Mauricio
Douglas is a dynamic man for commercial activities. Together with his wife, he manages a variety of businesses, such as a bookstore, phone card sales, an internet café, photocopies and used clothing sales. He is married with two children in his care, to whom he is providing the help necessary for their academic development.

Currently, he is in need of financing which he will use to buy a photocopier with more capacity and power to meet the existing demand. Due to this, he visited the offices of CEPRODELl to apply for a loan in order to be able to reach his perceived objective and, in this way, to better the living conditions of his family.

He thanks CEPRODEL and the Kiva investors in advance for the opportunity to obtain the loan and for the support that they provide to these sectors that so need it to develop.
View original language description ↓
Douglas es un señor Dinámico para las actividades comerciales, junto a su esposa manejan diversidad de tipos de negocio como: librería, venta de recargas, Cyber, Fotocopias y venta de Ropa Usada. Es casado con 2 hijos a su cargo, a los que le está brindando la ayuda necesaria para su desarrollo académico.

Actualmente tiene la necesidad de un financiamiento para utilizarlo en la compra de una fotocopiadora de mayor capacidad y poder cubrir la demanda existente debido a esto visito las oficinas de ceprodel para ser beneficiado con un crédito, para poder lograr el objetivo percibido y de esa manera mejorar las condiciones y de la vida familia.

Agradeciéndole de antemano a ceprodel y a los inversionistas de kiva por lo oportuno de crédito y por el apoyo que le brindan a estos sectores que tanto necesitan para poder desarrollar.

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
  • 74
    View loans »
    Nicaragua Loans Fundraising
  • $23,412,575
    Funds lent in using Kiva
  • 25.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Douglas Mauricio to buy a photocopier.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 18, 2013
Listed
Apr 15, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014