Faustina Eva C. Garcia is a merchant of La Estacion (The Station) market with 22 years of experience in the business. She started as an ambulant merchant with fruits and vegetables and currently sells clothes at a permanent location.
She used this loan to increase her inventory with better merchandise and this way increase her earnings, also to sustain her household since she is a single mother with a child under her care.
Ms. C. Garcia is very appreciative of Ceprodel because they have helped grow her business with other products. Aside from selling clothes she is starting a grocery store at home.
La Sra. Faustina Eva C. G. es comerciante del mercado la estación con 22 años de experiencia en el negocio, lo inicia con frutas y verdura ambulante actualmente vende ropa en un puesto fijo.
Este crédito lo utilizo para incrementar su inventario con mercadería de mejor calidad para así obtener mayores ingresos, y lograr a mantener su hogar ya que es madre soltera con un hijo a su cargo.
La Sra. C. G. está muy agradecida con ceprodel por que le ha ayudado que su negocio crezca con otros productos además de la venta de ropa está iniciando una pulpería en su casa.
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.