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María Cristina
María Cristina M. works, with much enthusiasm, at her small grocery store which she started 4 years ago in the municipality of Telica in the city of León.

She is very hard-working and concerned about her business; thus she has come to Ceprodel to request a loan to be used to purchase supplies for her store to sell to get ahead in her business.
View original language description ↓

La señora María Cristina M. se dedica con mucho entusiasmo al negocio de pulpería el cual estableció desde hace 4 años en el municipio de Telica de la ciudad de León.

Ella se ha caracterizado por ser una dama muy trabajadora y preocupada por su negocio y para ello hoy en día ha acudido a Ceprodel para solicitar un crédito para la compra de los productos de pulpería para comercializarlos en su localidad y así salir adelante en su negocio.

Additional Information

About CEPRODEL

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
  • 96
    View loans »
    Nicaragua Loans Fundraising
  • $24,741,875
    Funds lent in using Kiva
  • 19.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped María Cristina purchase of products to sell in grocery store.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 23, 2009
Listed
Jun 18, 2009
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2009