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Pilar Del Socorro
Pilar S. is 44 years old, and has dedicated herself to selling plastic bags at the local market for 12 years. Before starting this business she earned a living by selling honey and gourd seeds. She started her enterprise at the suggestion of an aunt, who was also in this line of business.

Pilar is a single mother with 2 children who she supports in their studies. She has been working with Ceprodel since 2006 and, to date, she has been granted 16 loans that she has invested into her business. This help has allowed her to improve her standard of living, and the loans have been a great help to her.
View original language description ↓
Doña Pilar S. tiene la edad de 44 años se dedica a la venta de bolsas plásticas en el mercado municipal desde hace 12 años, antes de tener este negocio ella vendía miel de jicote y semilla de jícaro y de esta forma se ganaba la vida, su negocio lo inicio porque su tía la insto a que pusiera esta venta ya que también ella (la tía) se dedica a este mismo negocio. Doña pilar es madre soltera y con 2 hijos a los cuales ella les mantiene sus estudios.
Trabaja con Ceprodel desde el 2006 y se le han otorgado 16 créditos hasta la fecha, los cuales han sido para invertir en el negocio y poder tener un mejor nivel de vida, ya que los créditos han sido de gran ayuda.

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
  • 97
    View loans »
    Nicaragua Loans Fundraising
  • $24,800,300
    Funds lent in using Kiva
  • 21.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $150 helped Pilar Del Socorro to purchase various sizes of plastic bags.
100% repaid
Repayment Term
4 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 11, 2010
Listed
Mar 1, 2010
Currency Exchange Loss:
Covered
Ended:
May 15, 2010