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Juan Arbysio

Update on Juan Arbysio

Juan is a man worried about his family´s development. He has had a bread shop business for 12 years which he started with his wife, and has now gotten to the point where he is considered to be the market baker. He is married with one son that he takes care of. This man currently needs to increase his inventory of raw materials to satisfy his customers´ demands. This man went to the Ceprodel office to ask for a loan that he will use to buy raw materials to make bread such as flour, butter, sugar and yeast. This will give him better sales and will improve his family´s life.
View original language description ↓
Juan es un señor preocupado por el desarrollo de su familia y tiene una actividad comercial como es una panadería desde hace 12 años, la cual conformo con su esposa, llegando hasta un nivel de desarrollo considerado dentro del mercado panificador, es casado, con un hijo a su cargo. Actualmente este señor tiene la necesidad de incrementar su inventario de materia prima para satisfacer la demanda de sus clientes. Este señor se presento a la oficina de ceprodel para solicitar un financiamiento el cual lo utilizara Compra de materia prima para elaboración de pan, como harina, manteca, azúcar y levadura. La que le proporcionara mejores niveles de venta y de esta manera le proporcionara mejores condiciones de vida a su familia.

Previous Loan Details

Juan is a man who is well known for having operated his business for a while, as his business is the bakery. He has twelve years of experience in this work. He is married, and he and his wife have been developing their small business together, making various types of bread. Juan came to CEPROD... More from Juan Arbysio's previous loan »

Additional Information


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.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About Nicaragua

  • $3,636
    Average annual income
  • 144
    View loans »
    Nicaragua Loans Fundraising
  • $24,086,375
    Funds lent in using Kiva
  • 26.0
    Nicaragua Cordobas (NIO) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $975 helped Juan Arbysio to buy raw materials to make bread, such as flour, butter, sugar and yeast.
67% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
May 31, 2014
Jul 4, 2014
Currency Exchange Loss: