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Mercedes De Gesus
This woman is asking for her first loan for this business. She is a businesswoman. This business she wants the loan for is selling tortillas and firewood. She lives at the entrance of El Provenir, Central Street, in the jurisdiction of Quezalguaque. Her partner is a gentleman who is approximately 65 years old. He is retired. She has two girls, one of whom studies in the local high school. She is a young woman who has her own home. She has done this work for the past 9 years, and she has successfully gotten a loyal clientele due to her kind treatment. Several of her family members including her mother and brothers live in the same area.
View original language description ↓
Esta señora es el primer financiamiento que obtiene con la empresa, es comerciante su negocio y para lo que solicito es para la venta de tortillas y leña, ella habita en el reparto el porvenir calle central jurisdiccion de quezalguaque, es ajuntada con un señor de aproximadamente 65 años es jubilado ella tiene 2 hijas mujeres una de ella estudia en el colegio de la comarca, es una señora joven tiene su propia casa dicho negocio lo ejerce desde hace nueve años del cual ha logrado hacer una clientela fiel por su trato amable, varios de sus familiares incluyendo mama y hermanos viven en el mismo reparto,

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
  • 129
    View loans »
    Nicaragua Loans Fundraising
  • $24,046,775
    Funds lent in using Kiva
  • 22.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $150 helped Mercedes De Gesus to buy corn and firewood.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 19, 2011
Listed
Feb 2, 2011
Currency Exchange Loss:
Covered
Ended:
Aug 20, 2011