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Pedro José
Pedro Molino dedicates himself to providing a mill service, which he has in his own house where he works arduously each and every day. He receives customers who come to him to grind items such as cacao, corn, and others.

Currently, having committed to improve the standard of living for his three children, he has decided to improve his situation. To do this, he has determined to invest in the purchase of a mill in order to provide a better service for his customers. In this way, he can get his business to move ahead as it requires an immediate investment.
View original language description ↓

El señor Pedro B. se dedica a su actividad de servicio de Molino el cual posee en su propia casa donde a diario labora arduamente recibiendo a sus clientes que llegan a utilizar el servicio de molino ya sea para moler cacao, maíz, entre otros.

Actualmente, comprometido con el bienestar de sus tres hijos, ha decidido mejorar su situación y para ello ha decidido invertir en la compra de un molino para así brindar un mejor servicio a sus clientes y de esta forma salir adelante en su negocio que requiere de su inversión instantaneamiente.

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
  • 124
    View loans »
    Nicaragua Loans Fundraising
  • $23,830,900
    Funds lent in using Kiva
  • 20.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Pedro José to purchase a mill.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 2, 2009
Listed
Mar 31, 2009
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2010