Maritza Isabel has sold her products in one of the parks in the city of Chinandega for five years. She has been a merchant for over 25 years. She sells basic necessities because she also manages the bathrooms in the park. She takes advantage of this by selling bathroom products and costume jewellery. She is a married mother of four. None of her children depend on her. Before having this business, she was a teacher, but she decided to start having her own business at the same time. On the 15th and 30th of every month she goes outside of Chinandega and sells clothing, rubber boots, and other items ordered by her customers in Cosiguina and the neighbouring area. She feels very comfortable with the institution and the loans that she has received. She now has a mode of transportation and her quality of life has improved.
La señora vende sus producto en uno de los parques de la ciudad de chinandega desde hace 5 años tiene de ser comerciante mas de 25 años, en su negocio vende producto de emergencias ya que ella administra tambien los baños sanitarios del parque ella aprovecha para vender productos de emergencias y visuterias, la señora es casada madre de 4 hijos de los cuales ninguno depende de ella, antes de tener su negocio la señora era maestra pero y decidio de tener su negocio propio a la vez tambien la señora vende los dias 15 y 30 de cada mes fuera de chinandega vende ropa, botas de hule, y productos que le encargan los clientes de cosiguina y comarcas aledañas. la señora se siente muy bien con la institucion y los financiamientos que le han otorgado, ahora ella cuenta con un medio de transporte y su calidad de vida a mejorado.
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.