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María Eugenia
María Eugenia has a business selling food like fried chicken, enchiladas and pork with cassava. The business is located in one of the city markets in Leon. She has been doing this work for 40 years to bring money into her family. She is the mother of eight children, of them all, there is only one child whom is still dependent upon her.

She begins work at 5:00 am to prepare food at home. At 11:00 am she moves the food to her stall for sale and finishes about 2:00 pm. She works the same schedule Monday through Saturday. She started her business as a mobile street vendor with the initial investment taken from her savings.

The loan that she is requesting from CEPRODEL will be used it to buy the products wholesale in order to prepare her delicious dishes and offer more competitive prices to her customers, many of whom travel from the different municipalities of the city of León. This way, she will earn a higher wages and improve not only her standard of living, but also that of her 24 year old daughter.

Maria Eugenia dreams that her daughter will attain a successful career and make improvements to their home.
View original language description ↓
La Señora María Eugenia posee un negocio de venta de comida como pollo frito, enchilada, chancho con yuca, ubicado en uno de los mercados de la ciudad de León, desde hace 40 años, ella realiza esta labor para llevar el sustento a su familia, es madre de 8 hijos de los cuales solo una está bajo su responsabilidad.
Inicia sus labores a las 5:00 am a preparar la comida en su casa, a las 11:00 am. Se traslada a su puesto de venta para su comercialización Y finaliza a las 2:00 Pm esta labor la realiza de lunes a sábado en este mismo horario, Su negocio lo inicio de forma ambulante, el capital con que inicio fue producto de sus ahorro.

El crédito que esta solicitando a CEPRODEL lo utilizara para comprar por mayor el producto para elaboración de sus deliciosos platillos y ofrecerle a precios favorables a sus clientes que viajan a los diferentes municipios de la ciudad de León, así obteniendo mayores ingresos y mejorar el nivel de vida tanto de ella como la de su hija de 24 años de edad.

Los sueños de Doña María Eugenia es que su hija logre culminar una carrera profesional y realizar mejora a su vivienda.

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
  • 23.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped María Eugenia to buy plastic wrap, chicken, rice, cooking oil etcetera.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 26, 2012
Listed
Oct 16, 2012
Currency Exchange Loss:
Possible
Ended:
May 17, 2013