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Marvin José
View original language description ↓
Marvin N. is a native of Sandino City in the capital of Managua, Nicaragua. For several years, he has sold clothing in the city streets as a traveling vendor.

His business requires a high degree of effort, moving daily from one place to another, and exposed to direct sunlight. He undertakes these efforts with the objective of supporting his family, which consists of his young school-age daughter.

Marvin's reason for approaching Kiva field partner Ceprodel is to obtain a loan for the purchase of inventory. By doing so, he will be able to keep up his traveling sales and thereby improve his financial condition.

Translated from Spanish by Kara Gibson, Kiva volunteer.

El señor Marvin N. es originario del municipio de Ciudad Sandino de la ciudad de Managua capital de Nicaragua. Desde hace varios años se ha dedicado al negocio de venta de ropa el cual la vende ambulantemente en las calles de su municipio.

Esta labor requiere de mucho trabajo por lo que se expone diariamente al traslado de un lugar a otro y además a la exposición al sol. Sin embargo estos múltiples esfuerzos los lleva a cabo con el propósito de mantener a su familia la cual esta compuesta por su pequeña hija en edad escolar.

El motivo por el cual acude a Ceprodel es para obtener el crédito para la compra de su mercadería y así continuar vendiendo la ropa ambulantemente para mejorar su situación económica.

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
  • 47
    View loans »
    Nicaragua Loans Fundraising
  • $26,293,200
    Funds lent in using Kiva
  • 19.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Marvin José Purchase of clothing
Compra de la ropa.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Aug 25, 2008
Jul 16, 2008
Currency Exchange Loss:
Aug 21, 2009