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Olga Del Carmen
In the "departamento" of Chinandega, specifically in the Bisne market there, Sra. Olga U. works hard every day to pull together enough money to support her family, an especially difficult task because she is a single mother with four children. She has always worried about the well-being and needs of her family because she is a very responsible person. She is applying for a loan that she will use to buy basic necessities for the household. There is always something that they have to buy or some basic service that they have to pay for, so Sra. Olga hopes that she can get the loan and provide her family with what they need.
View original language description ↓
En el departamento de Chinandega especialmente en el mercado el Bisne, la señora Olga U. se desempeña arduamente laborando con el fin de obtener sus ingresos para el sustento de su hogar ya que es madre soltera y con cuatro hijos. Ella siempre se ha preocupado por el bienestar y mantenimiento de su vivienda porque es una persona muy responsable.
El crédito lo está solicitando para suplir las necesidades básicas de su hogar ya que siempre se requiere la compra de los productos de uso domestico y pago de ciertas obligaciones de servicios básicos. Por este motivo ella espera que su crédito sea otorgado y así dar lugar al apoyo para su familia que tanto lo necesita.

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
  • 96
    View loans »
    Nicaragua Loans Fundraising
  • $24,738,825
    Funds lent in using Kiva
  • 20.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Olga Del Carmen buy basic household necessities.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 15, 2010
Listed
Feb 12, 2010
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2011