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Jesús Del Carmen
View original language description ↓
Jesús del Carmen O. is a woman who has dedicated a large portion of her life to working. Her business consists of selling fruits and corn-based drinks in small quantities. She is a single mother with four daughters under 15 years old, and she needs to provide for them during their scholastic years. She also sells clothing in small quantities during times of need, with the sole goal of maintaining the family nucleus.


She started her business 22 years ago. Of course, with the birth of her four daughters and being a single mother she looked for other business opportunities to help with their expenses. It's for this reason she decided to purchase her produce and then market them to her customers and later do the same with a small volume of clothes.


Kiva partner Ceprodel has helped her invest in her business with a total of 16 loans, which she has used to purchase products to sell. He goal is to reach higher sales levels and be one of the best merchants in León.

Translated by Marty Greenstein, Kiva Volunteer



Jesús del Carmen O. es una dama que gran parte de su vida la ha dedicado al trabajo. Su negocio consta de venta de frutas y refresco a base de maíz (refresco de chicha) pero en menores cantidades. Es madre soltera con cuatro hijas menores de 15 años por lo que es su deber buscar la manera de suplir las necesidades de cada una de ellas por estar en la etapa escolar. También se ha dedicado en determinados momentos a vender ropa pero en menores cantidades con el único propósito de mantener su núcleo familiar.



Su negocio lo inicia hace 22 años, sin embargo con el nacimiento de sus cuatro hijas y al ser madre soltera busca la manera de obtener otro negocio que le ayude con los gastos de sus pequeñas. Es por esto que decide Invertir para la compra de sus productos para luego comercializarlos y además invierte en la compra de mínimos volúmenes de ropa para ofrecerlo a los clientes.



Ceprodel ha sido su ayuda ya que le ha brindado un total de 16 créditos que los ha invertido en la compra de sus productos para comercializarlos. Su meta es alcanzar mayores niveles de ventas y ser una de las mejores comerciantes en el departamento de León.

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
  • $24,077,475
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $800 helped Jesús Del Carmen purchase products to increase inventory.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Feb 12, 2008
Listed
Jan 29, 2008
Currency Exchange Loss:
N/A
Ended:
Aug 12, 2008