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Melba Rosa
View original language description ↓
Melba Rosa has a large family with 4 children. With a lot of effort and dedication she has succeeded in moving the family ahead. Three of her children are secondary school students and the oldest is now preparing for a professional career.

This business started in the city's wholesale market approximately 8 years ago, with 106 USD loaned by a relative. Her determination to prosper has brought growth to her business. Although when she started the business she had only two large baskets with cosmetics, she now has succeeded in buying her stall and making improvements, thanks to the financing she has received from CEPRODEL.

Melba Rosa has continued to replace the inventory she's sold while incorporating new products, which has attracted more clients and increased her earnings. She has been a CEPRODEL client for 3 years with a history of 6 loans.

Translated from Spanish by Erin Corcoran, Kiva volunteer.

Melba Rosa tiene una amplia familia que consta de cuatro hijos; con mucho esfuerzo y dedicación ha logrado impulsarlos hacia adelante, tres de ellos son estudiantes de secundaria y el mayor ya se esta formando en una carrera profesional.

El negocio nace en las instalaciones del mercado mayoreo de la ciudad de managua hace aproximadamente 8 años, con un capital de US$106.00, mismo que los consiguio prestados por un familiar. Su lucha por prosperar la ha llevado a crecer, pues cuando inicio solo tenia dos canastos con cosmeticos , sin embargo hoy en dia y gracias al financiamiento de CEPRODEL logro comprar su tramo y le ha hecho mejoras.

Asi mismo, ha retroalimentado su inventario y a la vez ha logrado incorporar en el mismo nuevos productos, atrayendo asi mayor clientela y logrando mas ganacias. Ella es cliente de CEPRODEL desde hace 3 años con un record de 6 creditos

Additional Information


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
  • 67
    View loans »
    Nicaragua Loans Fundraising
  • $25,102,875
    Funds lent in using Kiva
  • 19.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Melba Rosa purchase of inventory.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Dec 10, 2007
Nov 26, 2007
Currency Exchange Loss:
Jun 11, 2008