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Rafael Ángel
Rafael is a lime powder and salt merchant in north Nicaragua; the business has been in operation for 16 years and it has made it possible for him and his family to get ahead.

Before having his business plan he was a driver and sold cement in various cities in Nicaragua. However, on his own initiative and with personal savings he managed to establish his business where he generates income to support his family.

He currently needs financing to make his investment plan a reality acquiring lime powder and salt to meet customer demand; most of his customers are hardware store owners, coffee growers and cattlemen in the northern part of the country.

He’s married and his wife helps him run the business.
View original language description ↓
El Sr. Rafael se dedica a comercializar cal y sal en el norte de Nicaragua, negocio que tiene dieciséis años de tenerlo, con lo que ha podido salir adelante con su familia.
Antes de tener su plan de negocio era conductor y vendedor de cemento en diferentes ciudades de Nicaragua, sin embargo por iniciativa propia y ahorros personales logra establecer su negocio en donde genera ingresos para el sostén familiar.
En estos momentos necesita un financiamiento para hacer realidad su plan de inversión, adquiriendo cal y sal para atender la demanda de sus clientes, quienes en su mayoría son dueños de ferreterías, cafetaleros y ganaderos de la zona norte del país.
Su estado civil es casado, y cuenta con el apoyo de su esposa para la administración de su negocio.

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.

About Nicaragua

  • $4,800
    Average annual income
  • 53
    View loans »
    Nicaragua Loans Fundraising
  • $26,258,500
    Funds lent in using Kiva
  • 24.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Rafael Ángel to buy lime powder and salt.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Dec 21, 2012
Jan 7, 2013
Currency Exchange Loss:
Oct 17, 2013