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Las Flores Group
In this Group: Eyra Elizabeth, Elisabeth Del Socorro, Ivania De Jesus
Eyra Elizabeth is a merchant who lives in a barrio on the outskirts of the city of Pueblo Nuevo, about 45 kilometers from the city of Estelí. She lives in her own home along with her husband, who makes a living selling fresh pork and its derivatives, and their children, who are in elementary school. Eyra Elizabeth is a member of Las Flores loan group, and she makes a living making and selling corn tortillas. She makes between 200 and 250 tortillas a day and sells them herself out of her home to a regular customer base consisting of her neighbors. She works from 6 a.m. until 10 a.m. every day, since tortillas are eaten on a daily basis. This is the main source of income for her family, and she assumes part of the household expenses, such as her children's education. She has dedicated herself to the tortilla business for 12 years, and she also makes other traditional foods like tamales, which she only makes on the weekends and are in high demand because of their great taste. A young member of this group is Elizabeth Del Socorro, who also makes and sells corn tortillas out of her home. The other member of the group is Ivania, who makes fruit ice creams, popsicles, and a banana ice cream dish covered with chocolate that is called choco banano. The three are requesting a loan to expand their businesses by purchasing more supplies and in this way increase their production and, in turn, their sales, since they have sufficient demand. In this way they will increase their income and the quality of life for their families.
View original language description ↓
La señora Eyra Elizabeth es una persona comerciante que reside en uno de los barrios periféricos de la ciudad de pueblo nuevo ubicada al norte de Estelí a unos 45 km de distancia y reside en su propia casa de habitación junto a su esposo el que se dedica a la venta de carne fresca de cerdo y sus derivados, también reside junto a sus hijos los cuales están estudiando la primaria.

la señora Eyra Elizabeth es miembro del grupo solidario las flores, ella se dedica a la elaboración y venta de tortillas a base de maíz, ella diaria mente elabora unas 200 a 250 tortillas las que vende ahí mismo en su casa de habitación, cabe mencionar que ella tiene su clientela establecida la que son sus mismo vecinos.

Ella diariamente trabaja en su negocio desde las 6 de la mañana hasta las 10 del medio día de lunes a domingo ya que este es un producto de consumo diario. Este es su principal ingreso familiar y su sostén diario de la familia ya que ella asume parte de los gastos familiares así como de los estudio de sus hijos entre otras cosas.

Ella tiene unos 12 años de dedicarse a la elaboración de tortillas, también elabora la comida típica que es el nacatamal, este solo los elaboran los fines de semana y tiene buena demanda por ser un alimento mus gustoso.

una joven integrante de este grupo es la señora Elizabeth del socorro que también se dedica a la elaboración y venta de tortillas a base de maíz la que también las vende en su casa de habitación y sus clientes son sus vecinos, también integra este grupo la señora Ivania que ella se dedica a la elaboración de helados de frutas, paletas, y helados de bananos cubiertos con chocolate llamado choco banano.

La señora Eyra se presentó junto a las otras dos miembros del grupo la flores, a la oficina de ceprodel a solicitar un financiamiento para poder ampliar su negocio.

Si el crédito les fuese aprobado ellas comprarían más materia prima y de eta manera aumentar sus producción y por ende sus ventas, ya que tiene la suficiente demanda y por eso surge la necesidad de solicitar financiamiento y así mejorar sus ingresos y su nivel de vida familiar.

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.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Nicaragua

  • $3,636
    Average annual income
  • 150
    View loans »
    Nicaragua Loans Fundraising
  • $23,157,725
    Funds lent in using Kiva
  • 24.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Flores Group's $350 loan helped a member to purchase supplies like corn and firewood.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 21, 2013
Listed
Apr 4, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013