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Rosa Olivia
In the department of León, Mrs. Rosa P. takes care of her small grocery store, which offers all kinds of products like food products and home-use products. She has looked for a way to improve her business and she has wisely requested a loan to buy products and sell them in her store.

With the loan, she will benefit by supplying her grocery store with products and offering better services to her clients in her store.
View original language description ↓

En el departamento de León, la señora Rosa P. se dedica a atender su pulpería la que ofrece todo tipo de productos tanto como comestibles, así como productos de uso domésticos. Ella ha buscado la manera de mejorar el negocio y para ello muy sabiamente ha solicitado un crédito para la compra de los productos y así comercializarlos en su establecimiento.

Con el crédito se beneficiará grandemente porque suplirá la pulpería de productos y así brindará un mejor servicio a sus clientes en su establecimiento.

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
  • 127
    View loans »
    Nicaragua Loans Fundraising
  • $23,814,675
    Funds lent in using Kiva
  • 20.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Rosa Olivia to buy products for her grocery store.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 13, 2009
Listed
Aug 20, 2009
Currency Exchange Loss:
Covered
Ended:
May 15, 2010