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Nora María
Nora María has been selling shoes for 11 years, from a locale in one of the markets in the city of Leon. She runs this business so she can take home income to support her family. She has three children, but only one is under her care. She leaves her house in the morning at 5:30am, she opens her shop at 6:00am and finishes work at 4:00pm.
She started her business with capital from her savings and through loans.
The loan she is requesting from CEPRODEL will be used to buy wholesale shoes in order to take advantage of the reduced pricing. This permits her to offer her shoes at more accessible prices to satisfy the demand and to generate more income, which will improve her and her family’s quality of life.
One of Nora’s dreams is for her son to have a professional career.
View original language description ↓
La señora Nora María posee un negocio de venta de calzado ubicado en uno de los mercados de la ciudad de León, desde hace once años, ella realiza esta labor para llevar el sustento a su familia, tiene tres hijos de los cuales solo uno está bajo su responsabilidad. Sale de su casa de habitación a las 5:30 am, abre su negocio a las 6:00 am y finalizando sus labores a las 4:00 pm. Inicio su negocio ambulante con un capital producto de ahorro y préstamos.

El crédito que solicita a CEPRODEL lo utilizara para comprar al por mayor aprovechando de esta manera una oferta con precios rebajados. Esto permitirá ofrecerle a su clientela precios más accesibles satisfaciendo la demanda, así obteniendo mayores ingresos y mejorar el nivel de vida tanto de ella como de su familia.

Los sueños de Doña Nora es que su hijo logre coronar una carrera profesional.

Additional Information


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
  • 66
    View loans »
    Nicaragua Loans Fundraising
  • $25,083,125
    Funds lent in using Kiva
  • 23.9
    Nicaragua Cordobas (NIO) = $1 USD
A loan of $1,275 helped Nora María buy flip flops, shoes, sandals and parasols.
Repayment Term
9 months (Additional Information)
Repayment Schedule
Sep 26, 2012
Oct 16, 2012
Currency Exchange Loss:
Nov 15, 2012