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Salvadora Patricia
Patricia S. is from the town of El Sauce. Gradually, she has been expanding her business which consists of making and selling confections. Her business is located in her home. Patricia has fought together with her five children to get ahead. She has been working with CEPRODEL for two years and she received three loans which she has used to purchase construction materials with the objective of finishing construction on her home.
View original language description ↓
Doña Patricia S. es originaria del municipio de El Sauce, poco a poco ha ido creciendo en su negocio el cual consiste en la elaboración y venta de repostería la cual la tiene ubicada en su casa de habitación donde ha luchado en conjunto con sus cinco hijos para salir adelante. Tiene dos años de trabajar con ceprodel donde le han otorgado tres créditos para la compra de materiales de construcción con el objetivo de terminar de construir su vivienda.

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

  • $3,636
    Average annual income
  • 142
    View loans »
    Nicaragua Loans Fundraising
  • $24,094,725
    Funds lent in using Kiva
  • 21.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Salvadora Patricia purchase cement, sand, doors and windows.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 16, 2010
Listed
Apr 1, 2010
Currency Exchange Loss:
Covered
Ended:
Sep 3, 2011