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Estela Ofelia
Mrs. Estela Ofelia M. is dedicated to the business of selling papayas at the Wholesale Market in the city of Managua. She has worked hard and this has been the main source of income on her household.

She is asking for a loan to Ceprodel, which will be used in the purchase of papayas in order to continue increasing her sales and improve their standard of living.
View original language description ↓

En el Mercado Mayoreo de la ciudad de Managua, la señora Estela Ofelia M. se dedica a atender su negocio de venta de papayas siendo este su negocio al que se ha dedicado con mucho empeño ya que ha sido el sustento de su hogar.

Actualmente, ella ha acudido a Ceprodel con un objetivo como lo es el de adquirir un crédito para la compra de las papayas para ofertarlas en su localidad y así seguir aumentando sus ventas y por ende mejorando su nivel de vida.

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
  • 110
    View loans »
    Nicaragua Loans Fundraising
  • $24,832,275
    Funds lent in using Kiva
  • 19.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Estela Ofelia working Capital.
100% repaid
Repayment Term
4 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 1, 2009
Listed
Jun 30, 2009
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2009