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Carmen Alvarado
Carmen has a stall in the El Bisne Market in Chinandega. Since Carmen sells meat to her customers, her stall or “tramo” is located near all the other meat sellers. Carmen is requesting a loan to buy a cow that she will butcher. After she butchers the animals, she sells the meat by the pound. She has been working in her meat stall for the past 6 years.

Before she began selling meat, Carmen had many other jobs, but she was always working for someone else. Now with the loans she has her own business which allows her to support herself and offer quality services to her customers.

Additional Information


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
  • 112
    View loans »
    Nicaragua Loans Fundraising
  • $24,828,400
    Funds lent in using Kiva
  • 20.6
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $275 helped Carmen Alvarado to buy a cow to butcher.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
At end of term
Oct 9, 2009
Oct 27, 2009
Currency Exchange Loss:
Feb 15, 2010