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Blanca Estela
View original language description ↓
Ms. Blanca U. has dedicated herself for several years to raising cattle in the municipality of San Rafael del Sur where she is originally from. She is the mother of three small children who need the mutual support of their mother. This is the reason why she puts so much effort into her business of raising cattle as this is the only income that supports her home.


As all growing businesses require an investment, the need that she is faced with today is the need to invest in the purchase of livestock to subsequently sell. For this sole reason she has come to Ceprodel to obtain the necessary loan to purchase the livestock and then be able to sell it in her town.

Translated from Spanish by Cindy M., Kiva Volunteer.





La señora Blanca U. se dedica desde hace varios años al negocio de la ganadería en el municipio de San Rafael del Sur de donde es originaria. Es madre de tres pequeños hijos que necesitan del apoyo mutuo de su madre y por esta razón es que ella muy esforzadamente se dedica al negocio de la ganadería siendo este su único ingreso para mantener su hogar.


Como todo negocio en desarrollo requiere de inversión, la necesidad que ella hoy en día atraviesa es que necesita invertir en la compra de ganado para luego comercializarlo. Por esta única razón es que ella acude a Ceprodel para obtener el crédito para la compra del ganado y así comercializarlo en su sector de habitación donde ella se desempeña.

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
  • 137
    View loans »
    Nicaragua Loans Fundraising
  • $24,079,275
    Funds lent in using Kiva
  • 19.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $875 helped Blanca Estela purchase of livestock.
100% repaid
Repayment Term
16 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jun 30, 2008
Listed
Jun 16, 2008
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2009