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Iris Del Carmen
Iris has a sewing room at her house and works with two other women who are in charge of sewing and taking care of administration and customer service. She works Monday through Saturday from eight o'clock until five o'clock.

Iris recently returned to the CEPRODEL office to request a new loan. She will invest this loan in the purchase of goods such as fabric, thread and thimbles to make outfits for boys and skirts for ladies.

This is the second loan that Iris has taken out for her business with with CEPRODEL.
View original language description ↓

La Sra. Iris tiene un taller de costura en su casa de habitación, ella trabaja con dos señoras más quienes se encargan de la costura y ella de la administración y de la atención al cliente.
Ella trabaja de lunes a sábados desde las ocho de la mañana hasta las cinco de la tarde.
Ella acude nuevamente a las oficinas de ceprodel para solicitar un nuevo préstamo para la compra de mercadería como es tela, hilos y dedales para la elaboración de trajes para niños y faldas para damas.
Es el segundo préstamo que trabaja con ceprodel todos para el 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

  • $4,800
    Average annual income
  • 93
    View loans »
    Nicaragua Loans Fundraising
  • $24,741,875
    Funds lent in using Kiva
  • 22.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Iris Del Carmen to fabric, thread and thimbles to make outfits for boys and skirts for ladies.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 17, 2011
Listed
Jan 1, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013