Meylin has a local convenience store. She is requesting a loan to invest into her business and be able to expand on her current stock and obtain a higher income for her family. Meylin started her business with few funds but little-by-little has managed to expand the business. Before starting the business of convenience store, Meylin embroidered traditional costumes. She is mother to four children and this is why Meylin gets up very early in the morning to attend to her business and therefore improve her family’s standard of living.
La señora Meylin tiene el negocio de pulpería ella solicito el crédito para invertirlo en el negocio y así tener mas productos que ofrecerles a sus clientes esto para tener una mayor ganancia e ingresos para su familia, el negocio lo empezó con crédito pequeños y a si lo ha ido incrementando antes de tener el negocio la señora Meylin bordaba trajes típicos, es madre de cuatros niños y es por ellos que la señora desde horas muy tempranas esta atendiendo el negocio esto para mejorar su calidad de vida.
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.