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Rosa Argentina
In the central market of Leon, Rosa C. has very responsibly dedicated herself to the sale of food products like atol [a thick, warm drink made with milk and corn] and bread that she makes herself every day. Mrs. Rosa C. has a stand where she sells her products from for two hours every day, then she walks around selling atol in the morning and bread in the afternoon. The loan she is applying for is to buy basic things like bread, cinnamon and milk. She hopes that her loan will be approved and in this way she will continue to improve her quality of life for her and her family.
View original language description ↓
En el mercado central del departamento de León, muy responsablemente la señora Rosa C. se ha dedicado a la actividad de venta de productos comestibles como atol y pan los que son elaborados por ella misma a diario.
La señora Rosa C. tiene su puesto de venta en donde se ubica dos horas en la venta del producto y luego lo ofrece de forma ambulante por las mañanas vende el atol y por las tardes vende el pan.
El crédito lo está solicitando para la compra de materia prima como lo es el pan, la canela y la leche. Por este motivo espera que su crédito sea otorgado y de esta manera continuar mejorando sus condiciones de vida y las de su familia.

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
  • 138
    View loans »
    Nicaragua Loans Fundraising
  • $24,079,275
    Funds lent in using Kiva
  • 20.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Rosa Argentina ingredients to make bread and atol.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 24, 2009
Listed
Jan 21, 2010
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2010