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Meyling Gioconda
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Meyling G. comes from San Rafael del Sur in Managua and has a business selling clothes from her own premises at home. She started this line of work three years ago, which has enabled her to support her young child, who is of school age.


As with all businesses, selling clothes requires a lot of investment in order toincrease sales, which is why she has turned to Ceprodel for a loan which will enable her to buy stock. With this loan, Meyling will be able to increase sales and thus continue to support and run her home which is so important to her.

Translated from Spanish by Lucy Williams, Kiva volunteer




La señora Meyling G. es originaria del municipio de San Rafael del Sur en Managua y se dedica al negocio de la venta de ropa en su propio establecimiento en su casa de habitación. Se dedica a esta labor desde hace tres años con el cual ha logrado mantener a su pequeño hijo en edad escolar.


Al igual que todo negocio, la venta de ropa requiere de mucha inversión para incrementar las ventas, por ello se refugia en Ceprodel para recibir el crédito oportuno que le permita adquirir la mercadería de su proveedores. Por medio de esta entrega se garantiza que la señora Meyling aumente sus ventas y así logre continuar con el mantenimiento de su hogar que tanto necesita de ella.

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
  • 173
    View loans »
    Nicaragua Loans Fundraising
  • $23,225,700
    Funds lent in using Kiva
  • 19.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,125 helped Meyling Gioconda to buy stock.
100% repaid
Repayment Term
16 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
May 20, 2008
Listed
Apr 21, 2008
Currency Exchange Loss:
Covered
Ended:
Aug 19, 2009