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Sofía  Del  Socorro
View original language description ↓
Mrs. Martinez works selling dairy products since she was very young; she's been working alongside her parents since she turned 8 years old.


With the loans she obtained from CEPRODEL she has been able to set up her business better and offer a variety of products to her customers.


In addition, the loans allow her to buy in cash and thus offer a better price to her customers.


One of her goals is to progress little by little in her business which will allow her a better quality of life as well as improving her house's roof.



Translated from Spanish by Eliana Colunga, Kiva volunteer.



La Sra. M. se dedica a la actividad de venta de productos lácteos desde muy pequeña quien tiene que trabajar con sus padres desde que cumple los ocho años de vida.


Con los financiamientos que obtiene de CEPRODEL le han permitido el acondicionar mejor su negocio , ofrecer una variedad de productos a sus clientes.


Además los financiamiento le permiten la compra en efectivo y ofrece un mejor precio a sus clientes.


Una de sus metas es ir progresando poco a poco en su negocio lo que permite un mejor nivel de vida familiar así como mejorar el techo de su local.

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
  • 92
    View loans »
    Nicaragua Loans Fundraising
  • $24,384,075
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,075 helped Sofía Del Socorro buying materials for her business (Compra de materiales para su negocio).
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jan 14, 2008
Listed
Dec 31, 2007
Currency Exchange Loss:
N/A
Ended:
Oct 3, 2008