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Nelly Socorro
In the neighborhood of Las Colinas in the town of Somotillo, Nelly Socorro L. A. works as a merchant in the Somotillo town market.

She tells us that this loan will be used to buy various wholesale merchandise such as rice, sugar, oil, beans, sweets, etc. This is the second loan that she has requested, and she tells us that the first loan allowed her to begin to supply her general store.
View original language description ↓
En el barrio Las colinas Municipio de Somotillo La señora Nelly socorro L. A. se desempeña como comerciante en el mercado municipal de Somotillo.
Ella nos dice que el crédito será utilizado para la compra de mercadería por mayor y variada como es arroz, azúcar, aceite, frijoles, golosinas etc.
Este es el segundo crédito que nos solicita y nos dice que el primeros créditos la beneficio para empezar a surtir su pulpería.


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
  • 130
    View loans »
    Nicaragua Loans Fundraising
  • $24,575,325
    Funds lent in using Kiva
  • 21.4
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Nelly Socorro to buy various merchandise for her business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 9, 2010
Listed
Jun 21, 2010
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2011