Noelia Tellez Garcia

Thank you for your loan. It has been disbursed to Noelia Tellez Garcia by CEPRODEL in Nicaragua. We are excited to watch this business grow. Over the next 6 months, CEPRODEL will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.

For 15 years, Noelia Téllez García has owned and operated a general store in Chinandega’s central market. She opened her business in a rented space using her savings. Later she was able to buy the location, which now has a cement floor. Doña Noelia, a 50-year-old grandmother, has paid off both of her loans with Kiva partner, CEPRODEL. She used her loans to purchase inventory. Investors who supported her most recent loan will receive payment in a few weeks in their Kiva account.

In addition, Doña Noelia just received financing today from your fellow Kiva lenders for a third loan in the amount of $525. With this loan she can have cash on hand to increase her inventory and obtain product discounts. I was hoping to invite you to invest again in Doña Noelia's business, but I didn't get this journal published in time. Kiva lenders act quickly. Thank you for all of your support!

About CEPRODEL:

Founded in 1991, the Centro de Promoción del Desarrollo Local (CEPRODEL) is a nonprofit organization (NGO) based in Managua that provides socioeconomic development programs in rural and urban communities throughout western Nicaragua. More than 75% of Kiva’s CEPRODEL loans are to women. Join the Fans of CEPRODEL Kiva Lending Team , make another loan to a CEPRODEL client if available, and/or tune into the next episode of the novela, "As the Microfinance Mundo Turns," on the Kiva Fellows Blog.