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Olga Maria
View original language description ↓
Olga María B. is a hard-working woman who is in the business of selling medications. She has her own pharmacy in her home in León, in the beautiful country of Nicaragua.



She began the pharmacy on her own three years ago after being widowed, with a son in her care. Despite this difficult situation, she has been developing her business to the point where she has been able to stock a greater quantity of medications, pills, and lotions that are very popular with her customers.

Currently Mrs. B. needs to purchase more medications, and for this reason she has turned to Ceprodel, who for a year has given her financial support in order to purchase medications for the pharmacy and in this way keep making progress with the maintenance of her home and family.


Translated from Spanish by Laura Westin, Kiva volunteer.




Olga Maria B. es una dama muy esforzada que se dedica al negocio de venta de medicamentos, teniendo una farmacia propia en su hogar de habitación en León de la bella nación de Nicaragua.


La farmacia la inicia por cuenta propia desde hace 3 años al quedar viuda y con un hijo a su cargo. A pesar de esta dura situación, ha venido desarrollando su negocio hasta lograr surtirlo con mayores cantidades de medicamentos, pastillas y pomadas muy demandados por los clientes.


Hoy en día la necesidad que atraviesa la señora B. es la urgencia de surtir sus productos con los medicamentos, para esto acude a Ceprodel quien desde hace un año le brinda apoyo financiero para surtir la farmacia de medicamentos y así salir adelante con el mantenimiento de su hogar.

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
  • 162
    View loans »
    Nicaragua Loans Fundraising
  • $23,188,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $450 helped Olga Maria purchase medications.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Feb 17, 2008
Listed
Feb 3, 2008
Currency Exchange Loss:
N/A
Ended:
Mar 15, 2009