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Mabel
View original language description ↓
Mabel owns a shoe sales business in the Ivan Montenegro Market. She has been able to do this with the help of her husband and their two children, who are students at the elementary level.



Mabel started her business about 22 years ago after seeing the need to obtain daily means to support her family. After starting her family, her interests were centered around her children's education, being that her husband's salary did not cover all their necessities.



Today, she has been able to excel thanks to the support that CEPRODEL has provided her.

Translated from Spanish by Kiva Volunteer Wendy Wise



Mabel es propietaria de un negocio de venta de zapatos en el Mercado Ivan Montenegro. Asi mismo con su esposo a conformado un hogar con dos hijos, mismos que son estudiantes en edad escolar.



Mabel inicia hace alrededor de 22 años su negocio a partir de la necesidad de buscar una ayuda al sustento diario de su hogar. Luego al formar una familia sus interese se basaron en la educacion de sus hijos, ya que el salario del esposo no cubria todas las necesidades.



Hoy en dia su negocio ha crecido gracias al apoyo que le ha brindado CEPRODEL.

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
  • 114
    View loans »
    Nicaragua Loans Fundraising
  • $24,398,000
    Funds lent in using Kiva
  • 18.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Mabel purchase products.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Dec 3, 2007
Listed
Nov 18, 2007
Currency Exchange Loss:
Covered
Ended:
Mar 3, 2008