Mrs. María P. is the proprietor of a general store in the Department of Chinandega, specifically in its Central Market. She offers all types of household products, and various others as well, including soaps, air fresheners, shampoos, and pills of different types, among others.
It is very important to point out that María has been dedicated to this business for 24 years. The reason she is requesting the loan is because she needs to buy more products so that she can offer more and satisfy her customers.
La señora María P. es propietaria de una pulpería en el departamento de Chinandega específicamente en el mercado central donde ofrece todo tipo de productos comestibles y productos varios como jabones, ambientadores, shampo, pastillas de diferente tipo, entre otros.
Es de mucha importancia destacar que la señora María tiene 24 años de dedicarse a este negocio y la razón por la que la señora María solicita el crédito es porque requiere invertir en la compra de los productos para ofrecerlos y satisfacer a sus clientes.
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.