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Pedro Alfonzo
Pedro Alfonso has a business selling basic grains in one of the most frequented markets of the city of León.

He starts work early in the morning - at 5am - in order to offer a variety of basic grains to his customers, before returning home at 4pm to relax. He works these hours seven days a week.

Pedro Alfonso is applying for a loan from "Ceprodel" that he will use to buy bricks, cement, iron, sand and gravel in order to build a small kitchen in his house. He wants to take advantage of this opportunity so that he can improve his and his family's quality of life.
View original language description ↓
El señor Pedro Alfonso posee un negocio de venta Granos Básicos, ubicadas en unos de los más populosos mercados de la ciudad león.

El inicia sus labores muy de mañana a las 5:00 am para ofrecerles a sus clientes las variedades de Granos Básicos a su clientela retirándose al hogar alas 4:00 pm para descansar, horario que lo ejerce de lunes a domingo.

El crédito que esta solicitando a Ceprodel será utilizado para compra de bloques, cemento, hierro, arena, piedrín para la construcción de una pequeña cocina en su casa de habitación y quiere aprovechar esta oportunidad mejorar así el nivel de vida de el y de su familia.

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

  • $4,800
    Average annual income
  • 123
    View loans »
    Nicaragua Loans Fundraising
  • $24,546,650
    Funds lent in using Kiva
  • 24.8
    Nicaragua Cordobas (NIO) = $1 USD
Expired
A loan of $625 helped Pedro Alfonzo to buy bricks, sand, cement and gravel.
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 23, 2013
Listed
Jun 15, 2013
Currency Exchange Loss:
Possible
Expired:
Jul 15, 2013