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María Isabel
In the “La Fruga” region of the city of Somotillo, María farms foods such as corn, sesame seed, and sogum. Not only do her crops provide her with food, but also a small income that she uses to help support her family. She has four daughters and three sons of different ages who help her. She also raises livestock, such as cattle, hogs, and poultry which also provides part of their diet. She has had three previous loans which she used to buy cattle. When she began she had no livestock of her own and she has slowly improved her quality of life. She will use the money from this loan to buy three dairy cows that will provide better milk production and a better source of income for her family.
View original language description ↓
En el municipio de somotillo comarca la fragua, la señora María Isabel Z. M., se dedica a la producción agropecuaria dentro de la cual desarrolla el establecimientos de cultivos de subsistencia como Maíz, ajonjolí, y sorgo los que le aseguran a demás de sus alimentos una pequeña fuente de ingresos que le ayudan con la mantención de su familia la que esta conformada en su totalidad de cuatro niñas y tres barones de diferentes edades los que le ayudan en las diferentes actividades, doña María Z. también se dedica a la crianza de ganado bobino, porcino y aviar los que le aseguran parte de la alimentación básica de su dieta, se le han financiado tres créditos para la compra de ganado bobino ya que cuando ella empeso no tenia ganado y poco a poco ha mejorado su condición de vida y aumentado su patrimonio, el financiamiento solicitado será invertido en compra de tres vacas paridas las que a su vez le aseguraran una mejor producción láctea y una mejor fuente de ingresos para ella y su familia.

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
  • 59
    View loans »
    Nicaragua Loans Fundraising
  • $23,422,650
    Funds lent in using Kiva
  • 21.2
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped María Isabel buy dairy cows.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Mar 15, 2010
Listed
May 1, 2010
Currency Exchange Loss:
Covered
Ended:
May 15, 2011