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María Lourdes
Señora María Lourdes lives in the city of Managua, the capital of Nicaragua. She has a business selling fruit juice. María tells us that she starts her work at 6 a.m. and finishes at 7 p.m. Thanks to the loan that she received, she was able to sustain her products for her customers. She will use this loan to buy fruits, sugar, bags, and beans by the 100 kg bag to increase her sales and obtain a larger profit margin.
View original language description ↓
La señora María Lourdes en la ciudad de Managua capital de Nicaragua. Su actividad en el negocio es de venta de frescos naturales.
Nos cuenta doña María que su día de trabajo empieza a las 6 am y termina a las7 pm ,gracias a los crédito que la señora a recibido a podido mantener su producto a su clientela, el dinero obtenido de este préstamo lo va a ocupar para la compra de frutas, azúcar, bolsas, y frijoles por quintal para incrementar su ventas y obtener un margen de ganancia mejor

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
  • 89
    View loans »
    Nicaragua Loans Fundraising
  • $24,392,675
    Funds lent in using Kiva
  • 23.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped María Lourdes to buy beans, sugar, and fruit.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 16, 2012
Listed
Jun 7, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 20, 2012