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Rosa Argentina
View original language description ↓
Rosa Argentina is an enterprising woman who, 30 years ago, used savings to start her business, selling fresh bread on the streets of Leon, Nicaragua. Because her customer base was growing rapidly and because she was a single mother with a growing son, she decided to rent a stand at the La Terminal market. She began selling soft drinks, water and, little by little, other refreshments and even telephone cards.


Thanks to the persistence and dedication of this exemplary woman, her business has grown with the help of CEPRODEL's loans. She now has a record 24 loans; the current loan is for a new project to improve her house and her business.

Translated from Spanish by Jere Wiseman, Kiva Volunteer


Doña Rosa Argentina es una mujer esforzada y emprendedora que a partir de sus ahorros inició su negocio hace 30 años vendiendo pan fresco por las calles de la ciudad de LEÓN. Como su clientela crecia rapidamente y además por la necesidad de mantener a su hijo por ser madre soltera,necesita brindandole alimentacion, ropa y estudios, se decidió a alquilar un local al aire libre dentro del mercado LA TERMINAL. Empezó vendiendo gaseosas, agua y poco a poco algo de refrescos hasta la venta de tarjetas telefónicas.


Gracias a la perseverancia y dedicación de esta mujer ejemplar, su negocio ha crecido con la ayuda de los Créditos otorgados por CEPRODEL. Actualmente ella tiene un record de 24 créditos y el que pide actualmente es para su nuevo proyecto de mejorar la infraestructra de su casa y su negocio.

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
  • 150
    View loans »
    Nicaragua Loans Fundraising
  • $23,166,475
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $800 helped Rosa Argentina buy materials for improving residence.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Dec 28, 2007
Listed
Dec 14, 2007
Currency Exchange Loss:
N/A
Ended:
Jan 15, 2009