Maribel Del Carmen Rodriguez


Status: Paid Back

$350.00   Loan Request
$350.00   Paid Back

About the Entrepreneur

Name: Maribel Del Carmen Rodriguez
Location: Leon, Nicaragua
Activity: Used Clothing

About the Loan

Loan Amount: $350.00
Loan Use: Buying merchandise (Compra de mercadería)
Repayment Term: 11 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Dec 23, 2007
Date Disbursed: Jan 7, 2008
Date Funded:Dec 24, 2007
Loan Ended:Sep 12, 2008

About the Country

Country:Nicaragua
Avg Annual Income:$3,636.00
Currency:United States Dollars (USD)



The business of selling all kinds of clothing is a hard one to maintain because of the high levels of competition in that market. However, mindful of this fact, Mrs. Maribel del Carmen Rodriguez has had this business for 7 years, having started with a capital of $5,000.00 from her personal savings.


She started as a street vendor, offering her wares throughout the city, with the clothes in her arms. Later on she established herself in the market of the Terminal, where she has a fixed stand out in the open, in an area where there is a lot of competition. Before having this business, she used to sell tortillas, and with her profit from their sale she was able to save enough money to switch businesses. Switching to clothing sales allowed her to improve financially and have a better quality of life for her and her family of two children.


All the progress made by this courageous woman is thanks to Ceprodel which has offered her financial support for a year and a half now, having authorized a total of 7 loans which have helped her to increase her business, stocking better quality of clothing. In this way, Mrs. Carmen makes a living with dignity, and supports her two children who are more precious to her than anything else in her life.

Translated from Spanish by Eliana Colunga, Kiva volunteer.



El negocio de venta de ropa para de todo tipo es un negocio muy difícil de mantener por el hecho de que hoy en día la competencia se arrecia y cada vez existen nuevos competidores en este mercado. Sin embargo, consiente de esto, la señora Maribel del Carmen Rodríguez tiene 7 años de tener el negocio que lo inició con un monto de C$5.000.00 producto de ahorros que ella tenia.


Inicia como vendedora ambulante viajando por toda la ciudad y la ropa en los brazos, para luego establecerse en el mercado la Terminal en donde tiene un puesto fijo al aire libre, que es un área en donde hay mucha competencia. Antes de tener este negocio vendía tortillas y con el fondo que logró ahorrar cambió de negocio pudiendo superarse económicamente teniendo ahora un mejor nivel de vida para ella y su familia que son dos hijos



Todo este progreso de esta valiente dama se debe gracias a Ceprodel ya que le ha brindado apoyo financiero de hace año y medio atrás habiendo obtenido un total de 7 créditos que le han ayudado en el crecimiento de su negocio el cual lo ha surtido con mejores marcas de ropa y en mejores condiciones de calidad. De esta manera digna se gana la vida la señora Carmen y así mantiene a sus dos hijos que son lo más preciado que ella tiene en la vida.


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Lenders to this entrepreneur

Megan
Goodlettsville, TN
United States

Siel
Santa Monica, CA
United States

Susan & Soren
Millbrae, CA
United States

Jeremy
St. Amant, LA
United States

Jennifer and Kyle
South Jordan, UT
United States

Sonia
Chicago, IL
United States

Anonymous
Taipei,
Taiwan

Anna
san francisco, CA
United States

xang
brooklyn, NY
United States

Allison
Walla Walla, WA
United States



Journal entries for Maribel Del Carmen Rodriguez


Loan has been disbursed
 
Entrepreneur: Maribel Del Carmen Rodriguez
Location: Leon, Nicaragua

Thank you for your loan. It has been disbursed to Maribel Del Carmen Rodriguez by CEPRODEL in Nicaragua. We are excited to watch this business grow. Over the next 8 months, CEPRODEL will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Leon, Nicaragua
Jan 7, 2008
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Kiva Help Repayment Schedule for Maribel Del Carmen Rodriguez

  Expected Repayments Actual Repayments Comments
April 2008 $43.75 $44.00 Repayment Received
May 2008 $43.75 $44.00 Repayment Received
June 2008 $43.75 $44.00 Repayment Received
July 2008 $43.75 $44.00 Repayment Received
August 2008 $43.75 $44.00 Repayment Received
September 2008 $43.75 $44.00 Repayment Received
October 2008 $43.75 $44.00 Repayment Received
November 2008 $43.75 $42.00 Repayment Received