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Elvira Del Carmen
View original language description ↓
Elvira del Carmen S. is a hard working woman who, for the past 5 years, has worked selling cooking fuel in her home-based business in the municipality of San Rafael del Sur in Managua. The sales process begins when she requests that the cooking fuel company bring full cylinders to her house. Her business cycle is that after receiving these and selling them she places new orders and returns the empty cylinders when the new ones are delivered.



It is necessary to highlight that Elvira has been supported by Ceprodel to improve her business through the acquisition of higher quality cooking fuel tanks. She is currently seeking the support of Ceprodel again and trusts that her credit application will be approved so that she can obtain a higher income and invest it in the education of her young daughter and household expenses.

Translated from Spanish by Aimee Sostowski, Kiva volunteer.



Elvira del Carmen S. es una esforzada dama que desde hace cinco años se ha dedicado al negocio de la venta de tropigas para la cocina vendidos en su casa de habitación en el municipio de San Rafael del Sur en Managua. El proceso de venta del negocio inicia cuando ella solicita que la agencia de Tropigas le lleve los cilindros llenos a su hogar luego al obtenerlos y venderlos realiza nuevos pedidos los cuales al serle entregados ella de igual manera entrega los cilindros vacíos siendo este un ciclo en el negocio.


Es necesario destacar que la señora Elvira se ha apoyado de Ceprodel para mejorar su negocio en la adquisición de mayores tanques de tropigas para la cocina. Hoy en día una vez mas busca el apoyo en Ceprodel confiando que su solicitud de crédito será aprobado para así obtener mayores ingresos e invertir en la educación de su pequeña hija y en los gastos del hogar.

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
  • 137
    View loans »
    Nicaragua Loans Fundraising
  • $24,079,275
    Funds lent in using Kiva
  • 19.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Elvira Del Carmen purchase of cylinders of liquid gas to sell them in homes.
100% repaid
Repayment Term
16 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jun 1, 2008
Listed
May 14, 2008
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2009