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José Leopoldo
The business of a bakery in all moments requires an investment to carry out bread making and consequently offer the goods to clients who demand it. In the municipality of Sandino City Mr. José Leopoldo Gutierrez dedicates himself to his bakery business where every day he makes all types of bread, from simple to sweet, with the purpose of selling it all over his municipality.

At present he has been able to improve his sales and garner more clients, and this because he has wisely turned to Ceprodel to obtain loans that have benefited him in the purchase of basic bread making materials. This loan that he is currently requesting benefits him and his business greatly given that he will invest it in the improvement of his business locale with the purpose of offering his clients better conditions.
View original language description ↓

El negocio de panadería en todo momento requiere de inversión para llevar a cabo la elaboración del pan y así ofrecerlo a los clientes que lo demandan. En el municipio de Ciudad Sandino el señor José Leopoldo Gutierrez se dedica a su negocio de panadería donde todos los días elabora todo tipo de pan desde simple hasta dulce con el propósito de comercializarlo en su municipio.

Actualmente ha logrado mejorar sus ventas y acaparar más clientes y esto por la razón de que muy sabiamente ha acudido a Ceprodel para obtener créditos los cuales le han beneficiado en la compra de la materia prima para la elaboración del pan. Con el crédito que solicita actualmente se beneficia grandemente y beneficia su negocio ya que lo invertirá en el mejoramiento de su local con el propósito de brindarle mejores condiciones a sus clientes.

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
  • 59
    View loans »
    Nicaragua Loans Fundraising
  • $26,432,550
    Funds lent in using Kiva
  • 20.2
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped José Leopoldo improvements to his bakery locale.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Jan 22, 2009
Feb 23, 2009
Currency Exchange Loss:
Oct 16, 2009