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Maria Angeles
View original language description ↓
Maria Angeles is the head of her family. She is a hard working woman who has fought hard to improve the lives of her three children. She began her business as a traveling saleswoman when she was about 15 years old so that she could feed her children. Before she ran this business she was a domestic employee, but her salary could not cover her basic needs.

She rents the shop where she maintains her business. For two years she has worked with Ceprodel and has received 13 loans. Thanks to Ceprodel she has been able to increase her sales.

Translated from Spanish by Geoff Rubin, Kiva volunteer.




MARÍA ÁNGELES ES JEFA DE FAMILIA ESFORZADA QUIEN HA LUCHADO DURO POR SACAR A SUS TRES HIJOS ADELANTE. INICIO SU NEGOCIO HACE ALREDEDOR DE 15 AÑOS COMO VENDEDORA AMBULANTE PARA DARLE DE COMER A SUS HIJOS. ANTES DE TENER SU NEGOCIO ERA UNA EMPLEADA DOMESTICA PERO EL SALARIO NO CUBRÍA SUS NECESIDADES BÁSICAS



EL LOCAL DONDE TIENE SU NEGOCIO ES ALQUILADO. DESDE HACE 2 AÑOS TRABAJA CON CEPRODEL CON UN RÉCORD DE 13 CRÉDITOS. GRACIAS A CEPRODEL HA LOGRADO INCREMENTAR LAS VENTAS.

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

  • $4,800
    Average annual income
  • 103
    View loans »
    Nicaragua Loans Fundraising
  • $24,739,175
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $800 helped Maria Angeles the purchase of products.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Dec 13, 2007
Listed
Nov 29, 2007
Currency Exchange Loss:
N/A
Ended:
May 13, 2008