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Geyli Silvet
Geyli is a small merchant in the town of San Rafael del Sur, Managua, Nicaragua. She’s 31-years-old, married and has two children one of whom in school age.

She has a general store where she sells human consumption products like rice, beans, sugar, oil and corn, among others. Before having her sore she used to work in a hotel in town. When she became unemployed she looked for a way to invest in a business of her own so that she could work for herself to meet basic family needs and help her husband this way.

With her investment plan she intends to expand her activity to improve customer service. Her goal is to offer better quality service and product availability in her store which is why she’s asking CEPRODEL for a loan to increase her inventory.
View original language description ↓
La señora Geyli es una pequeña comerciante en el municipio de san Rafael del sur, Managua, Nicaragua, ella tiene 31 años de edad, casada, tiene dos niños, uno de ellos está en edad escolar.

Su actividad comercial consiste en una mercería, donde vende una variedad de productos de consumo humano como arroz, frijoles, azúcar, aceite, maíz, entre otros.
Antes de tener su actividad comercial ella trabajaba en un hotel del municipio.
Cuando ella queda en el desempleo, logra descubrir una necesidad de trabajar e invertir en un negocio y ocuparse por cuenta propia para satisfacer las necesidades básicas de su familia y de esta forma apoyar a su esposo.
Con su plan de inversión pretende ampliar su actividad, y de esta manera mejorar el servicio a sus clientes, esto con el objetivo de brindar mayor calidad en el servicio y disponibilidad de productos en su local de ventas es por eso que solicita un préstamo a CEPRODEL que le ayude a incrementar su inventario.

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
  • 95
    View loans »
    Nicaragua Loans Fundraising
  • $24,742,900
    Funds lent in using Kiva
  • 23.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Geyli Silvet to buy stock merchandise for her store.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 15, 2012
Listed
Aug 27, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2013