Check out some available loans that are similar to this one!
Rubenia Del Socorro
View original language description ↓
Rubenia’s business is located in her own home. It is a general store that she has run with great energy for the past ten years. The store is located in the city of Chinandega in the Somotillo zone.


Rubenia has three school-aged children and she is very proud that they are excellent students. She feels committed to continuing to improve her business in order to support her children.


In order to reach this goal she has contacted Ceprodel to request a loan that will allow her to purchase more product. She feels satisfied that her previous loans have allowed her to improve her economic condition and have helped her meet her children’s needs. Currently she needs to purchase more product for her store in order to obtain better earnings.

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


El negocio de la señora Rubenia lo tiene ubicado en su casa de habitación siendo este una pulpería que desde hace 10 años ha venido supliendo con mucho esfuerzo en su localidad de habitación en la ciudad de Chinandega específicamente en el municipio de Somotillo.


Es madre de tres hijos en edad escolar de los cuales se siente muy orgullosa por ser buenísimos estudiantes y por esta razón se siente comprometida con continuar mejorando su negocio para apoyar a sus hijos.


Para lograr esta meta ha acudido a Ceprodel para ser apoyada con créditos que le permitan la compra de los productos. Es por esta razón que se siente muy satisfecha porque desde que ha recibido crédito ha mejorado su condición económica y le ha brindado todos lo que necesitan a sus hijos. Actualmente su necesidad es la compra de los productos para obtener mejores ingresos.

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
  • 167
    View loans »
    Nicaragua Loans Fundraising
  • $23,230,825
    Funds lent in using Kiva
  • 19.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Rubenia Del Socorro to purchase merchandise.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Mar 22, 2008
Listed
Mar 6, 2008
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2009