Check out some available loans that are similar to this one!
María Elena
María's business is selling cosmetics such as perfumes, scented creams, shampoo, lipsticks and nail polish. She has been selling Avon products for four years now.

María makes her sales to order. However, she also keeps products in her house to sell.

María plans to grow as a entrepreneur and serve a larger number of customers. In order to achieve this, she needs the help of Kiva and Ceprodel to place an order for cosmetics.

María's business idea came about after she found herself unemployed. She used to work as a teller in a national development bank and, in order to continue contributing financially to her household, she decided to start selling cosmetics.

María is a single mother and has two children who are 19 and 14 years old.
View original language description ↓
Doña María es comerciante de cosméticos como; perfumes, cremas perfumada, champú, pintura labial y de uña, tiene cuatro años de ser vendedora de la marca avon.

Su forma de venta es por encargo, sin embargo tiene productos en su casa para la venta.

Se proyecta en crecer como emprendedora y en atender a mayor cantidad de clientes, por lo que necesita de la colaboración de kiva - ceprodel para comprar un pedido de cosméticos.

Su idea de negocio nace después que queda en el desempleo, ella trabajaba para el banco nacional de desarrollo en el área de caja, y como una alternativa de ser un agente económico en su hogar decide comercializar cosméticos.

Es madre soltera, y tiene dos hijos uno de diecinueve y catorce años el menor.

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

  • $4,800
    Average annual income
  • 102
    View loans »
    Nicaragua Loans Fundraising
  • $24,738,450
    Funds lent in using Kiva
  • 24.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped María Elena to buy perfumes, shampoo, lipstick, hair dye and scented creams.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 21, 2013
Listed
Apr 9, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2013