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Martha Lorena
Sra. Martha has been a hardworking primary school teacher in her community for 22 years. She is single and has a daughter dependent on her whom she is helping to prepare academically for the university.

One of Martha’s needs is to continue improving her business because, in addition to being a teacher, she also travels to Costa Rica on weekends to develop her business, which is another source of income that she has had for several years. By combining the two jobs in this way she has been supporting her daughter. Thus she has decided to come to Ceprodel to request a loan to buy silverware, kitchenware, a blender and microwave in order expand her business inventory and improve her living standards.

She is grateful to Kiva and Ceprodel in advance for the support they are providing her with this loan.
View original language description ↓
La señora Martha se dedica arduamente a la labor de maestro de primaria de un colegio de la localidad, con 22 años de laborar, es soltera tiene 1 hija a su cargo la cual le está brindando todo el apoyo para que se prepare académicamente a nivel universitario.

Una de las necesidades que la señora Martha atraviesa es de continuar mejorando su negocio ya que además de ser maestra también viaja a costa rica los fines de semana para desarrollar su negocio, como otra fuente de ingreso la que ha ejercido por varios años combinando las 2 actividades y de esa manera ha venido apoyando a su hija. Por lo que ha tomado la decisión de acudir a Ceprodel para solicitar un crédito para la compra de Oro Laminado, Plata, Cocina, Cosimey, Licuadora y Microonda, para incrementar el inventario de su negocio y mejorar las condiciones y nivel de vida.

Agradece de antemano a KIVA y CEPRODLE por el apoyo que le puedan brindar por medio de este crédito.

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
  • 130
    View loans »
    Nicaragua Loans Fundraising
  • $24,576,775
    Funds lent in using Kiva
  • 23.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Martha Lorena to buy silverware, kitchenware, blenders and microwaves, items ordered by her customers.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 17, 2012
Listed
Oct 15, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 18, 2014