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Candida Rosa
View original language description ↓
Candida Rosa A. is a lady that makes living selling clothes which she does in her own stall at the municipal market of the City Sandino in Managua.


She started her business with little capital counting on her 3,000 cordobas (USD$ 157) from her savings and loans obtained from lenders. As time has passed, she has been able to stock her business with the support of the loans from Ceprodel, which she has used to buy merchandise and grow her business. Currently she needs to buy articles of clothing such as pants, shirts, etc. For this reason she hopes that her loan will be granted and she can continue her business of selling clothing and continue to improve the support of her home and enable her four children to continue their studies.

Translated from Spanish by Laura Bobbit, Kiva volunteer.


Candida Rosa A. es una dama que se dedica a la labor de venta de ropa que comercializa en su propio tramo en el mercado del municipio de Ciudad Sandino en Managua.


Inició su negocio con poco capital contando con C$ 3,000 (Tres mil córdobas) obtenidos por sus ahorros propios y préstamos realizados a prestamistas. A medida que ha venido transcurriendo el tiempo ha logrado surtir su negocio apoyándose de los créditos recibidos por CEPRODEL el cual los ha utilizado para la compra de la mercadería y ampliación del negocio. Hoy en día su necesidad es la compra de la ropa como pantalones, camisas, etc. Por esta razón es que espera en que su crédito le será otorgado para así continuar con su negocio de venta de ropa para continuar llevando el sustento a su casa de habitación y así sus cuatro hijos puedan continuar estudiando.

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
  • 68
    View loans »
    Nicaragua Loans Fundraising
  • $23,485,000
    Funds lent in using Kiva
  • 19.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Candida Rosa purchase of merchandise.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jun 14, 2008
Listed
May 15, 2008
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2009