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Basilia Del Carmen
Basilia Lopez very diligently sells vegetables at the Managua Wholesale Market specializing, among others, in tomatoes, peppers, carrots and onions. She attends to her sales daily in order to produce income to meet her family's living expenses. She hopes to receive from Ceprodel funds to invest in inventory so that she can invest in her business through the sale of vegetables.
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En el Mercado Mayoreo de la ciudad de Managua, la señora Basilia L. muy esforzadamente se dedica a su negocio de venta de verduras ofreciendo tomates, chiltomas, zanahorias, cebollas, entre otros productos.

Ella a diario comercializa estos productos para obtener ingresos y de esta manera llevar el sustento a su hogar de habitación. La razón por la que espera en Ceprodel es para recibir su crédito y así invertir en su negocio que tanto requiere de inversión por medio de las verduras.

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
  • 126
    View loans »
    Nicaragua Loans Fundraising
  • $24,551,600
    Funds lent in using Kiva
  • 20.6
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Basilia Del Carmen to purchase vegetables.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 22, 2009
Listed
Oct 19, 2009
Currency Exchange Loss:
Covered
Ended:
Oct 19, 2010