In the Municipality of Somotillo, the town of Palo Grande, in the Santa Paula sector, Melida M. M. has worked part-time in farming activities, such as raising cattle, pigs, and domestic fowl. She also farms corn, sesame, and white beans. Her agricultural activities are accompanied by running a small grocery store. Since this is one of the most distant towns in the municipality, she has benefited by having this business. Earnings from the grocery store business finance her farming activities, which are managed by her son and daughter. With the requested loan, she intends to improve her grocery store and buy inputs for the first planting of the agricultural season. Melida M. M. has had five loans, with which she has managed to buy 10 cows that had recently given birth. These cows provide her with a significant portion of her current income.
En el municipio de somotillo comarca Palo grande sector Santa Paula, la señora Melida M. M. ha dedicado parte de su tiempo para el desarrollo de actividades agropecuarias como es la crianza de ganado bovino, porcino y aviar, también se destacan los cultivos como el Maíz, ajonjolí y frijol blanco, dichas actividades van acompañadas con el desarrollo de un pequeño negocio de abarrotería por ser uno de las comarcas mas lejanas del municipio, lo cual le beneficia esta actividad comercial, con la cual se ayuda a financiar las actividades agropecuarias, las que le dirigen su hijo e hija respectivamente, con el crédito solicitado pretende mejorar su pulpería y comprar insumos para el ciclo agrícola de primera, la señora Melida M. M. ha tenido cinco créditos con los que ha logrado comprar 10 vacas paridas las que le aseguran gran parte de sus ingresos actualmente
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.