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Guillermo
The young man Guillermo E. is married and has the responsibility of supporting his beloved family. His job is selling hardware in the municipality of Ciudad Sandino de Managua.
It should be noted that when he began the business five years ago, he was only selling a few products, but as time passed, he succeeded in increasing the stock in the hardware store. Now he wishes to expand it further. He is seeking help from Ceprodel to obtain a loan to be used to buy hardware products and thus improve his business even more.
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El joven Guillermo E. es casado y con la responsabilidad de mantener a su amada familia. Se dedica a la labor de venta de productos ferreteros en el municipio de Ciudad Sandino de Managua.


Es importante destacar que desde que inició su negocio hace 5 años comenzó vendiendo pocos productos pero a medida que el tiempo ha venido transcurriendo ha logrado surtir la ferretería por lo que ahora tiene más deseos de desarrollarse. Hoy en día ha buscado el apoyo en Ceprodel para obtener el crédito para la compra de los productos ferreteros y de esta forma mejorar aun más el negocio.

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
  • 75
    View loans »
    Nicaragua Loans Fundraising
  • $23,409,100
    Funds lent in using Kiva
  • 19.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Guillermo purchase of hardware items.
100% repaid
Repayment Term
16 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Nov 14, 2008
Listed
Oct 31, 2008
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2010