Maria C. is from the community of Cinco Pinos in the El Espino region of the Departament of Chinandega, Nicaragua.
Maria owns her own small grocery store, and is asking for a loan in order to invest in stocking her store with a greater variety of products. She will buy rice, beans, sugar, cooking oil, boxes of soap, and candies in order to increase her earnings. This will benefit her family's well-being and will allow her to move ahead with her business venture.
Este cliente es Originaria del Municipio de Cinco Pinos, comarca el Espino, Departamento de Chinandega, la Señora María C. es dueña de su propia pulpería, está solicitando un crédito donde lo invertirá para surtir su negocio en compra de arroz, frijoles, azúcar, aceite, cajas de jabones, golosinas, para generar ingresos para el bienestar de la familia y seguir adelante con el negocio.
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.