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Elena
Elena has had previous loans through our institution and has demonstrated her ability to repay. She runs a clothing business with the help of her daughter and she sells within her zone and also out of her home. She is requesting this loan in order to be able to offer a greater variety of merchandise and to buy displays to show her items.
View original language description ↓
La Sra. Elena tiene experiencia en crédito en esta institución ha demostrado capacidad de pago, ella con la ayuda de su hija, han dedicado al comercio, tienen un negocio de venta de ropa que distribuye en la zona y tiene su propio negocio en su casa,, ella está solicitando el crédito para surtir mas el negocio y comprar vitrinas para poner su venta,

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
  • 167
    View loans »
    Nicaragua Loans Fundraising
  • $23,230,825
    Funds lent in using Kiva
  • 21.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Elena surtir el negocio con mas productos.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 27, 2010
Listed
May 1, 2010
Currency Exchange Loss:
Covered
Ended:
Aug 25, 2011