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Griselda Del Socorro
Griselda sells CDs and DVDs in the Mayoreo market every day in order to generate income to improve her family's quality of life.

She is asking for funding to buy CDs in order to be able to continue to offer them for sale and earn income sufficient to support her household.
View original language description ↓

En el mercado Mayoreo, la señora Griselda se dedica con gran ahínco al negocio de venta de discos compactos de videos y música ofertados en su propio establecimiento donde a diario vende los discos con el fin de obtener ingresos para el mejoramiento de su nivel de vida y el de su familia.

Ella está solicitando un crédito para la compra de los discos compactos para continuar ofreciéndolos en el mercado y así realizar sus ventas con el fin de obtener el ingreso necesario para el mantenimiento de su hogar.

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
  • 111
    View loans »
    Nicaragua Loans Fundraising
  • $24,828,400
    Funds lent in using Kiva
  • 21.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Griselda Del Socorro to buy CDs.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 22, 2010
Listed
Mar 1, 2010
Currency Exchange Loss:
Covered
Ended:
Oct 12, 2010