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Flor De María
Flor de María has had a small business selling all types and styles of clothing for seven years in the department of León. This business supports her family.

It is worth mentioning that demand has increased because of Mother's Day. To make the most of these sales she is requesting a loan to buy blouses, shirts, and lingerie in various styles to satisfy the needs of her customers.
View original language description ↓
Doña Flor de María posee un pequeño negocio de venta de ropa de diferentes tipos y estilos en el departamento de León desde hace 7 años siendo este negocio el sustento de su familia.

Cabe mencionar que la demanda ha aumentado por aproximarse el día de las madres, y para aprovechar la venta está solicitando un crédito para la compra de blusas, camisas y ropa interior de diferentes estilos y así satisfacer la necesidad de su clientela.

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
  • 110
    View loans »
    Nicaragua Loans Fundraising
  • $24,832,275
    Funds lent in using Kiva
  • 23.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Flor De María to buy clothing.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 8, 2012
Listed
May 23, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 28, 2012