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Luis Alfonso
Luis Alfonso has been working in his activity selling at home in the town El Viejo for 20 years. Luis Alfonso strives to get ahead and with much effort move his school age daughter forward; he also supports his elderly mother.

He started his business with his own capital selling beef in the El Viejo market and gradually bought merchandise for his small grocery store. He’s requesting the loan to buy basic staples to increase his income.
View original language description ↓
El señor Luis Alfonso se dedica a su actividad desde hace 20 años vende en su casa de habitacion en el municipio de el Viejo. el señor Luis Alfonso se esfuerza por salir adelante, sacar con mucho esfuerzo a su hija que esta en edad escolar y a su madre que es una señora de edad avanzada, empezo su negoico con capital propiio, vendiendo carne de res en el mercado del Viejo y poco a poco le fue comprando mercaderia a su pequeña pulperia, solicita el financiamiento para compra de productos de primera nesecidad para incrementar sus ingresos.

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.

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About Nicaragua

  • $3,636
    Average annual income
  • 169
    View loans »
    Nicaragua Loans Fundraising
  • $23,230,825
    Funds lent in using Kiva
  • 25.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Luis Alfonso to buy stock merchandise for his store.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 30, 2013
Listed
Oct 30, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2014