Check out some available loans that are similar to this one!
Maria De Los Angeles
View original language description ↓
For the past 30 years, Ms. María A. has worked selling meat in the city of Leon, Nicaragua. She began her business with 5,000 córdobas (approximately $250 dollars) which she invested directly in the purchase of meat products. It is important to mention that Ms. A. is single and for that reason she is responsible for supporting her aging parents, who now depend on their daughter.


Ms. A. needs funds in order to purchase meat that she will then sell. She is requesting a loan from Ceprodel in order to acquire the products that she needs to develop her business and to continue caring for her parents.

Translated from Spanish by Debra Faszer-McMahon, Kiva Volunteer.


Desde hace 30 años en la ciudad de Leon la señora Maria A. se dedica a la venta de la carne iniciando con un capital de Cinco mil córdobas que los invirtió directamente para la compra de sus productos. Es necesario señalar que ella es soltera y por tal razón tiene el deber de apoyar a sus ancianos padres que ahora dependen de su hija.


La necesidad de la señora A. es la urgencia de invertir en la carne para comercializarla y por tal motivo ha realizado créditos en Ceprodel para ser beneficiada por esta institución y así adquirir sus productos que tanto necesita para sacar adelante su negocio y seguir manteniendo a sus padres.

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
  • 65
    View loans »
    Nicaragua Loans Fundraising
  • $23,485,000
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $275 helped Maria De Los Angeles to purchase meat.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Feb 18, 2008
Listed
Feb 4, 2008
Currency Exchange Loss:
N/A
Ended:
Jan 15, 2009