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Rosa Argentina
Rosa B. sells sodas, candies, purified water, and prepaid cell phone minutes for both of Nicaragua’s main cell phone providers, Moviestar and Claro. She sells her goods across from the bus stop that services the Leon to Managua express buses. She also makes papitas mexicanas, Mexican-style chicken wings, in her kitchen. She is going to use this loan to buy sodas, water and ingredients for the papitas.


Rosa has been in this business for 41 years. Initially, she sold sodas while walking around on the street. She started her business using personal savings. Now her store is open air but underneath a small roof. She says loans have helped her business grow incrementally. They have also helped her make many improvements to her house which has improved her quality of life. Rosa is single with one child.

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
  • $24,597,675
    Funds lent in using Kiva
  • 20.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Rosa Argentina to buys sodas, water and ingredients for chicken wings.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 30, 2009
Listed
Nov 5, 2009
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2010