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Lillian Eliza
Being presented to the Kiva lenders is Sra. Lillian. For the past 20 years, she has devoted herself to making products that are very popular in the Nicaraguan diet – soft tortillas and tostadas. The money she is requesting will be invested in the purchase of corn by the “quintal” (1 quintal = 46 kilograms). This will enable her to reduce her production costs for making tortillas.

With the income she generates from her business activity, Lillian will be able to cover her household expenses. She lives with her husband, and she is an honest and hardworking women. Her husband works buying and selling seafood.

She intends to use it to improve her business and her earnings.
View original language description ↓
Estimados señores de kiva, presento ante ustedes a la señora lillian, una señora que por veinte años se ha dedicado a elaborar con sus propias manos un producto muy popular en la dieta de los nicaragüenses como son las tortillas suaves y tostadas.
El dinero lo invertirá para comprar maíz por quintales, ya que de esta forma ella disminuye los costos de producción de tortillas.
Con los ingresos que genera su actividad comercial contribuye para los gastos del hogar.
Su estado civil es acompañada, Es una persona honesta y trabajadora.
su esposo se dedica a la compra y venta de mariscos;solicita un crédito a ceprodel con el que pretende mejorar su actividad comercial y sus ingresos

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
  • 62
    View loans »
    Nicaragua Loans Fundraising
  • $23,478,675
    Funds lent in using Kiva
  • 24.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $225 helped Lillian Eliza to buy corn and firewood.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 19, 2012
Listed
Nov 14, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 18, 2013