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Olga María
Olga M. works with great effort to improve her life circumstances. Her business is selling clothes. She sells them herself in the city of Leon.

She has come to Ceprodel to ask for a loan to buy clothes. This is profitable, and it will improve her living conditions and help her family.
View original language description ↓

Con gran esfuerzo por mejorar sus circunstancias de vida, la señora Olga M. se dedica a trabajar en su negocio de venta de ropa la cual es comercializada por ella misma en la ciudad de León.

Es de importancia destacar que hoy en día, ella ha acudido a Ceprodel para solicitar un crédito para la compra de la ropa ya que le es de utilidad y de esta manera mejorar sus condiciones de vida y beneficiar a su familia.

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

  • $3,636
    Average annual income
  • 74
    View loans »
    Nicaragua Loans Fundraising
  • $23,448,750
    Funds lent in using Kiva
  • 20.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Olga María buy clothes.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 11, 2009
Listed
Jul 11, 2009
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2010