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Nidia Del Socorro
Nidia del Socorro is hardworking and entrepreneurial, and she works selling cosmetics. She sells from door to door and has her established clients who she sells to on credit. She recoups the money clients own her every 15 days, and as you can see in the photo she keeps a notebook with her accounts receivable in order to keep track of everything.

She is asking for this loan from Ceprodel in order to invest in working capital - specifically to buy cosmetics. By buying more products, she will be able to increase the variety she offers to clients and therefore gain more business.

Nidia appreciates Ceprodel and Kiva for the opportunity and confidence they have given her. She will invest this loan in her business in order to continue sustaining her home, and continue improving her standard of living.
View original language description ↓
La señora Nidia del Socorro, trabajadora, y emprendedora, su negocio venta de cosméticos, ella vende de manera ambulante, tiene sus clientes fijos a los cuales les da crédito y lo recupera de forma quincenal, se observa en la foto, ella con su cuaderno de cuentas por cobrar.

Solicita el préstamo a ceprodel para invertir en capital de trabajo, para la compra de cosméticos. Esto con el propósito de comprar más productos, ofreciendo variedad a sus clientes y captar más compradores.

Agradece a ceprodel y Kiva, por la oportunidad y la confianza depositada en ella, por lo que este crédito lo invertirá en su negocio de forma que esto le permitirá llevar el sustento a su hogar e ir mejorando su condición de vida.




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
  • 126
    View loans »
    Nicaragua Loans Fundraising
  • $24,597,675
    Funds lent in using Kiva
  • 24.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Nidia Del Socorro to buy cosmetics.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 13, 2013
Listed
Feb 18, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013