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María De Jesús
María de Jesús Jarquín lives in Mangua and is a street vendor who travels all around the city selling clothing. She has reached a point where she has run out of merchandise and so she is requesting a loan with the sole purpose of investing the money in the purchase of merchandise. In this way she will be able to continue selling clothing and improve the condition of her business.
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En el departamento de Managua, la señora María de Jesús Jarquín se dedica a la venta de ropa ambulantemente siendo ofrecida en diferentes partes de la capital donde ella se traslada de un lado para otro ofreciendo la ropa. Ella actualmente atraviesa la situación de que se le ha agotado la mercadería y es por este motivo que ella solicita un crédito con el único fin de invertir el dinero en la compra de la mercadería como es ropa para continuar ofreciéndola ambulantemente y así mejorar las condiciones de 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

  • $4,800
    Average annual income
  • 123
    View loans »
    Nicaragua Loans Fundraising
  • $24,546,650
    Funds lent in using Kiva
  • 20.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped María De Jesús purchase merchandise.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 13, 2009
Listed
Nov 4, 2009
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2010