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María Eugenia
María Eugenia has eight children. She has had a small food stand in a market in the department of León for 25 years. The business supports her family. María Eugenia came to Ceprodel's office to apply for a loan to buy wholesale supplies to make the wide variety of dishes she offers her customers. She will work to increase her earnings so that she and her family can have a better life.
View original language description ↓
La señora María Eugenia es madre de ocho hijos, posee un pequeño negocio de venta de comida ubicado en unos de los mercados del departamento de León desde hace 25 años siendo este negocio el sustento de su familia.

La señora María Eugenia se presentó a las oficinas de Ceprodel a solicitar un crédito para realizar compras de productos al por mayor el cual ocupa para la elaboración de los distintos tipos de platillos y brindarle una gran variedad a su clientela.

Este trabajo lo realiza para aumentar sus ingresos de esa manera a mejorado la calidad 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
  • 146
    View loans »
    Nicaragua Loans Fundraising
  • $24,071,325
    Funds lent in using Kiva
  • 24.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped María Eugenia to buy wood, oil, rice, chicken, and sodas.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 13, 2013
Listed
Apr 7, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013