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Lesbia Del Rosario
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At the market in the town of Condega, Mrs. Lesbia B. sells vegetables, a business she has had for the past 10 years. Being a very cheerful person, she has earned the trust of many clients who have visited her daily to buy their products and thus she is able to support her two children as a single mother.


Since she does not have anyone else to support her, she has sought ways to improve her financial situation and for this reason she has received loans from Ceprodel that have allowed her to improve her business as well as the lives of her two children. Her greatest need now is to purchase vegetables from her suppliers, and therefore she again is relying on Ceprodel to provide her with the necessary credit to achieve this.


Translated from Spanish by Amani Roland, Kiva volunteer.


En el mercado del municipio de Condega, la señora Lesbia B. se dedica al negocio de la venta de verduras teniendo su propio establecimiento desde hace 10 años en esta localidad. Por ser una persona muy alegre se ha ganado la confianza de muchos clientes que ha diario le visitan para comprar sus productos y de esta manera mantener a sus dos hijos ya que es madre soltera.


A pesar de que no cuenta con el apoyo de otra persona por ser soltera ha buscado la manera de mejorar su condición economiza y para esto ha realizado créditos en Ceprodel que le han permitido mejorar la condición de su negocio y por ende la de sus dos hijos. Su mayor necesidad hoy en día es adquirir las verduras de sus proveedores y para esto confía que una vez mas CEPRODEL le brindara el crédito oportuno para llevar a cabo su actividad.

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
  • 62
    View loans »
    Nicaragua Loans Fundraising
  • $23,479,050
    Funds lent in using Kiva
  • 19.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,050 helped Lesbia Del Rosario to purchase vegetables.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Mar 23, 2008
Listed
Mar 8, 2008
Currency Exchange Loss:
Covered
Ended:
Oct 21, 2009