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Nubia Del Socorro
At 31 years of age, Nubia L. has been making and selling handicrafts from her store in the district of Masaya.


She is a very courageous person who has struggled to get ahead for the benefit of her family. The reason why she has come to CEPRODEL is so that she could request a loan to purchase raw materials for making her handicrafts. It is important to highlight that Masaya is known as the cradle of handcrafted works in Nicaragua. She hopes to receive her loan so that she can continue selling her handicrafts and improve her business.

View original language description ↓

A la edad de 31 años, la dama Nubia L. se dedica a la actividad de elaboración y venta de artesanías las que son comercializadas en su establecimiento y localidad en el departamento de Masaya.

Ella es una persona muy esforzada que ha luchado por salir adelante y beneficar a su familia. La razón por la que espera en Ceprodel es porque solicitó el crédito oportuno para la compra de la materia prima para elaborar las artesanías. Es di importancia destacar que Masaya es la cuna de las artesanías en Nicaragua y es por esto que ella anhela recibir el crédito para comercializar las artesanías y mejorar 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

  • $3,636
    Average annual income
  • 109
    View loans »
    Nicaragua Loans Fundraising
  • $23,723,925
    Funds lent in using Kiva
  • 20.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Nubia Del Socorro purchase materials for making handicrafts.
100% repaid
Repayment Term
16 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 3, 2009
Listed
Sep 3, 2009
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2010