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Francisco José
Francisco M. works in the city of León offering repair services for TVs, radios, fans, and irons, among other things, having distinguished himself as an electronics repairman, or provider of repair services. Mr. M. now faces the need to invest in the purchase of supplies for his business and for this he has turned to Ceprodel, trusting that his loan will be granted so he can advance his electronics' repairs business.
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El señor Francisco M. se dedica a laborar en la ciudad de León brindado servicios de reparación de televisores, radios, abanicos, planchas entre otros habiéndose destacado como radiotécnico o servicios electrónicos.

La situación que hoy en día atraviesa el señor M. es que necesita invertir en la compra de repuestos para su negocio y para ello ha acudido a Ceprodel confiando en que su crédito será otorgado y de esta forma saldrá adelante en su negocio de servicios electrónicos.

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
  • 125
    View loans »
    Nicaragua Loans Fundraising
  • $23,814,675
    Funds lent in using Kiva
  • 20.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Francisco José purchase of supplies.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 22, 2008
Listed
Jan 17, 2009
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2010