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María Eugenia
In one of the markets of the department of León, María Eugenia A. works in her activities selling food and drinks in the terminal for buses that go from León to Managua.


Currently, her premises don't offer the conditions to develop her business and for this reason, she is looking for a way to improve her business. She has requested a loan to invest directly in buying extra products to make food and drink to thereby continue her activities and provide means of support for her home.

View original language description ↓

En uno de los mercados del departamento de León, la señora María Eugenia A. se dedica a su actividad de venta de comidas y bebidas ubicándose en la terminal de buses que van de León a Managua.

Actualmente, su local no presta las condiciones para desarrollar el negocio y es por esta razón que busca la manera de mejorar en el negocio. Ha solicitado un crédito para invertirlo directamente en la compra de la materia prima para la elaboración de los alimentos y las bebidas y así continuar en su actividad para llevar el sustento a suhogar.

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
  • 93
    View loans »
    Nicaragua Loans Fundraising
  • $24,396,400
    Funds lent in using Kiva
  • 20.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped María Eugenia purchase of extra products to make food.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 20, 2009
Listed
Oct 30, 2009
Currency Exchange Loss:
Covered
Ended:
May 15, 2010