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Ruth
Mrs. Ruth G. is a very enterprising woman who works as a school teacher. She also has a moto-taxi business in the municipality of San Rafael de Sur.


She has been clever starting her business and now owns two moto-taxis and is thinking about buying another. She will use the loan for maintaining and repairing her two moto-taxis so that she can continue taking passengers from one place to another. She hopes to receive the loan so that she can continue running her business efficiently.

View original language description ↓
La señora Ruth G. es una dama muy emprendedora que se desempeña como maestra de un colegio y también tiene un negocio de transporte por medio de triciclos que son trabajados en el municipio de San Rafael del Sur.

Ella, muy inteligentemente ha sabido llevar a cabo su actividad de transporte puesto que tiene dos triciclos y está pensando comprar uno nuevo. El crédito lo utilizará para darle mantenimiento y reparación a los dos triciclos que tiene para que continúen trabajando llevando a los pasajeros de un lugar a otro. Espera que su crédito sea otorgado eficientemente para continuar en la actividad de transporte por medio de sus triciclos.

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
  • 79
    View loans »
    Nicaragua Loans Fundraising
  • $23,617,600
    Funds lent in using Kiva
  • 20.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Ruth maintaining and repairing her moto-taxis.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 18, 2009
Listed
Dec 14, 2009
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2011