Ms. P. M. is single, has no children, and the only person she supports is her mother. She has a business where she sells clothing, shoes, and other articles that her customers order from her. She’s been doing this for six years and is asking for this loan through CEPRODEL so that she can buy general clothing articles that her customers have been requesting. This will create a bit more income for her and will allow her to pay her expenses and continue supporting herself and her mother.
La señora P. M. es soltera, no tiene hijo la única persona a su cargo es su mamá, ella tiene un negocio de venta de ropa, calzado y otros artículos que le encargan sus clientes, posee seis años de experiencia en este ramo. Está visitando las oficinas de CEPRODEL ya que quiere un financiamiento para compra de ropa en general que le están demandando sus clientes y así poder tener un poco más de ganancia para seguir sufragando los gastos y manutención de ella y su mamá.
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.