Claribel del Socorro B. G. is a merchant at the Chinandega central market. She has a business called Montón where she sells various products. She has been working with these loans for five years and they have helped her to succeed with her business because she has increased her inventory. The loan requested is to purchase toys and children’s clothing. She is a widow and has two children, but neither of them is dependent upon her. She works for herself alone to get ahead. She has two employees at her house and has progressed in her business as well as at home.
La Señora Claribel del Socorro B. G. es comerciante del Mercado central de Chinandega tiene su negocio de venta de productos varios lo que le llaman montón, tiene cinco años de trabajar con estos financiamientos los cuales le han ayudado a superar su negocio ya que ha incrementado su inventario este financiamiento lo solicito para comprar juguetes y ropa de niño es viuda y tiene dos hijos pero ninguno a su cargo ella lucha por si sola para salir adelante tiene dos trabajadoras en su tienda y ha salido adelante tanto en su negocio como 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.