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Aba Luz
This is the first loan granted to our client Alba Luz L. Calderon through CEPRODEL. She used the credit for the purchase of a spare part for her mill, which she uses in her own business located in the town of Achuapa. She is recognized in the region as an honorable person with enthusiasm to succeed and keep her business in good condition.
Our client has one grandson and a son who takes care of him, and they live on the west side of Achuapa.
View original language description ↓
La clienta Alba luz L. C.es el primer crédito otorgado Con CEPRODEL-El sauce, dicho crédito fue destinado para la compra de repuesto para sus molino el cual es su negocio propio que está ubicado en el municipio Achuapa, este cliente es reconocido en la zona como una persona honrada con entusiasmo de superar y mantener en buena condiciones el bien estar de su negocio.
La clienta tiene 1 nieto y un hijo a su cargo quien cuida de él, está ubicada costado oeste colegio delita sorto Achuapa.

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
  • 134
    View loans »
    Nicaragua Loans Fundraising
  • $24,576,775
    Funds lent in using Kiva
  • 21.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Aba Luz to purchase a spare part for her mill.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 2, 2010
Listed
Apr 1, 2010
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2011