Juana sells seafood on the Masachapa coast in San Rafael del Sur. She buys her produce from people who own fishing boats which they take out to sea every day to fish for different types of seafood. Only some of their catch is sold to individuals. The rest is delivered to processing plants where they will be sold on for a higher price in pre-established markets.
Juana has more than 15 years experience in her business which she inherited from her family who also sold seafood. She needs this loan in order to continue with her business.
La Señora Juana es comerciante de mariscos en las costas de masachapa en san Rafael del sur, compran el producto a personas dueñas de lanchas que diario se aventuran mar adentro para pescar las diversa especies de mariscos de los cuales solo una parte de ello es vendido en panas el resto son entregados en acopios para venderlos a un precio mejor en los mercado convenidos.
En dicho negocio tiene un experiencia de más de quince años y fue heredados de su familia las cuales se dedicaban al comercio de mariscos. Es por tal motivo que requiere de financiamiento para continuar con su negocio.
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.