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Aarón
The young Aarón is father to three children, two of whom are of school age, and Aarón works as a sales person in a clothes store located in the city of León. He has been performing this work for the last six years and starts work at 8:30 am and finishes at 5:30 pm from Monday to Saturday. He does this job to support his household.

Aarón is seeking a loan from Ceprodel which he used to buy trousers, t-shirts, shorts and shoes among other products. This will allow him to increase his customer base and therein grow his working capital as well as give his inventory new products of better quality for his sizeable clientele. At the same time, it will enable him to improve both his own quality of life as well as that of his family.
View original language description ↓
El joven Aarón, es padre de tres hijos de los cuales dos están en edad escolar y labora como comerciante en una tienda de ropa ubicada en la ciudad de león, desempaña esta labor desde hace 6 años, inicia sus labores 08:30 am finalizando a las 05:30 pm con este mismo horario de lunes a sábado, el realiza esta labor para el sustento de su hogar.

El joven Aarón solicito un crédito a Ceprodel el que utilizo para la compra de pantalones, camisas, shores, zapatos, entre otros productos, esto le permitirá incrementar su clientela y así poder aumentar su capital de trabajo al igual que su inventario con productos nuevos y de mejor calidad para su apreciable clientela, a la vez le permitirá mejor la calidad de vida de él como 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.

Tags

About Nicaragua

  • $4,800
    Average annual income
  • 106
    View loans »
    Nicaragua Loans Fundraising
  • $24,828,400
    Funds lent in using Kiva
  • 25.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Aarón to buy trousers, t-shirts, shorts, shoes and so on.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 20, 2014
Listed
Jun 22, 2014
Currency Exchange Loss:
Possible
Ended:
Jan 30, 2015