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Esperanza Del Socorro
Esperanza del Socorro is a widow with eight children. She has had a business selling home appliances in the department of León for sixteen years. She starts work at 10am and finishes at 4pm, visiting her clients. This business sustains her family. She started her business with 5,000 Nicaraguan córdobas in working capital, which resulted from loans.

Esperanza del Socorro is applying for this loan to buy umbrellas and fans in order to take advantage of the Holy Week season. This will allow her to obtain better earnings.

She does this work in order to increase her income, thus improving her quality of life and that of her family.
View original language description ↓
La señora Esperanza del Socorro es viuda, con ocho hijos, posee un negocio de venta de electrodomésticos en el departamento de León desde hace 16 años, inicia sus labores a las 10 am y finalizándolo a las 4 pm visitando a sus clientes, siendo este negocio el sustento de su familia, inicio con un capital de trabajo de C$ 5,000 producto de prestamos.

La señora Esperanza del Socorro está solicitando este crédito para compra de sombrías y abanicos, para aprovechar la temporada de semana santa y así lograr tener mayores ingresos el cual ayudara a obtener un mayor ingreso.

Este trabajo lo realiza para aumentar sus ingresos y así mejorar el nivel de vida de ella y su familia.

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
  • 175
    View loans »
    Nicaragua Loans Fundraising
  • $23,211,000
    Funds lent in using Kiva
  • 24.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Esperanza Del Socorro to buy umbrellas and fans.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 16, 2013
Listed
Apr 7, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014