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María Mercedes
María Mercedes is a single mother with two minor children. She has had a stand located in one of the Leon markets for 15 years, as this business is how she supports her family.

It is worth mentioning that María Mercedes approached Ceprodel to request a loan, as she wishes to take advantage of the summer season to invest in the purchase of canned products such as sardines, tuna and dried fish. These products are traditional for the season and her clients are requesting them.
View original language description ↓
La Señora María Mercedes es madre soltera de dos hijos menores de edad, posee un puesto de venta ubicado en unos de los mercados de León desde hace 15 años siendo este negocio el sustento de su familia.

Cabe mencionar que la Señora María Mercedes se acercó a Ceprodel para solicitar un crédito el cual desea aprovechar la temporada de verano para invertir en la compra de productos enlatados como sardinas, atún y pescado secos, productos que son tradicionales de la temporada y su clientela se los están solicitando.

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
  • 75
    View loans »
    Nicaragua Loans Fundraising
  • $23,621,150
    Funds lent in using Kiva
  • 24.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped María Mercedes to buy sardines, tuna and dried fish.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 13, 2013
Listed
Apr 2, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013