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Domingo Leonel
Domingo Leonel has a small business selling fruits and vegetables in of of the markets in the Leon region. He has had this business for 5 years. He starts working at 4:00 a.m. and finishes at 6:00 p.m. This occupation allows him to support his family. He has one small son.

Domingo requests this loan from Ceprodel and Kiva to buy plantains, papayas and melons in bulk, which will allow him to increase his profits and will provide more stability to his business.
View original language description ↓
El señor Domingo Leonel, tiene un negocio de venta frutas y verduras en unos de los mercados del departamento de León, desde hace cinco años, inicia sus labores a las 04:00 am finalizándolas a las 06:00 pm, realiza este trabajo para el sustento de su familia, él es padre de un 1 hijo pequeño.

Don Domingo solicito este crédito a Ceprodel para la compra de plátanos, papayas y melones, al por mayor lo cual le permitirá aumentar sus ganancias y le brindará una mejor estabilidad a su 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.

Tags

About Nicaragua

  • $3,636
    Average annual income
  • 58
    View loans »
    Nicaragua Loans Fundraising
  • $23,422,650
    Funds lent in using Kiva
  • 26.0
    Nicaragua Cordobas (NIO) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $400 helped Domingo Leonel to buy plantains, papayas and melons.
60% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 6, 2014
Listed
Jun 28, 2014
Currency Exchange Loss:
Possible