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Ana Basilia
Ana Basilia is responsible for the education of her five school-age children. She established her wood handicrafts business in Chinandega's central market 25 years ago. Since she started her business, she has been known as a hardworking, enterprising woman as she began with little merchandise; however, with great effort, she has prospered and provided for her family.

One of the challenges she faces is buying merchandise for her business: general handicrafts, jewelry, and wood blocks. Therefore, she came to Ceprodel seeking funding that would allow her to buy merchandise and maintain the income with which she supports her family and educates her children. It's worth noting that since she started working with Ceprodel 6 years ago, her business has grown substantially, her quality of life has improved, and this is her 43rd loan cycle.
View original language description ↓
La señora Ana Basilia es acompañada tiene cinco hijos menores los que están en edad escolar a los que tiene el deber de mantener los estudios, se dedica a su negocio en el mercado central de Chinandega en el sector madera desde hace 25 años.
Desde que inicio el negocio la señora se ha caracterizado por ser una seora muy luchadora y emprendedora ya que su negocio lo inicio con poca mercadería y con mucho esfuerzo ha salido adelante manteniendo su núcleo familiar, una de las dificultades que atraviesa la señora es comprar mercadería para su negocio como artesanía en general, batellas, tajaderos es por eso que llego a Ceprodel para ser beneficiada con un financiamiento que le permita comprar la mercadería y poder mantener los ingresos los cuales le ayudan a mantener su núcleo familiar y la educación de sus hijos.
Cabe señalar que la señora desde que trabaja con Ceprodel su negocio ha incrementado bastante y su calidad de vida ha mejorado, en la actualidad cuenta con 43 créditos desde hace 6 años.

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
  • 108
    View loans »
    Nicaragua Loans Fundraising
  • $23,723,925
    Funds lent in using Kiva
  • 23.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Ana Basilia to raise working capital.
100% repaid
Repayment Term
2 months (Additional Information)
Repayment Schedule
At end of term
Disbursed:
Aug 6, 2012
Listed
Jul 13, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2012