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María Lourdes
With much enthusiasm for her work, Mrs. María Lourdes R. prepares different dishes of food and sells them from the wholesale market where her business is located.


Despite going through economic difficulties, she has managed to succeed in her business. She has come to Ceprodel requesting a loan to purchase ingredients so that she can continue preparing delicious dishes from her vending location.

View original language description ↓

Con mucho entusiasmo en su negocio, la señora María Lourdes R. se dedica a elaborar diferentes platillos de comida los cuales son ofrecidos en el mercado Mayoreo que es donde tiene el negocio.

A pesar de las difíciles circunstancias económicas que ella ha atravesado, ha logrado salir adelante en su negocio y ha acudido a Ceprodel esperando ser beneficiada con un crédito para la compra de la materia prima y así continuar elaborando sus deliciosos platillos en su localidad.

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
  • 95
    View loans »
    Nicaragua Loans Fundraising
  • $24,749,225
    Funds lent in using Kiva
  • 19.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped María Lourdes purchase ingredients for preparing meals.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 5, 2009
Listed
Jul 3, 2009
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2009