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Dios Es Nuestro Amor Group
In this Group: Martha Gioconda, Mayra Del Socorro, Karla Patricia, Karla Vanessa
Martha Gioconda is married and has adult children. She is a lawyer, born in Chinandega, and has lived for 13 years in the neighborhood of San Agustín. For ten years she has been selling several lines of cosmetics. The loan she is requesting is to sign up for a new line of products that offers her a greater profit margin. Although she sells the cosmetics every day, she only collects payment on a weekly or biweekly basis.

This is Martha Gioconda's first loan through CEPRODEL. With it she plans to increase sales by satisfying her customer's needs so she can give her family a better quality of life.

She is a member of the communal bank "DIOS ES NUESTRO AMOR", whose other members are Mayra del Socorro, Karla Patricia, and Karla Vanessa. They also have their own businesses and hope for a better quality of life through this loan.
View original language description ↓
LA SEÑORA MARTHA GIOCONDA CASADA CON HIJOS MAYOR DE EDAD, ABOGADA, NACIDA EN CHINANDEGA DESDE HACE 13 AÑOS EN EL BARRIO SAN AGUSTÍN, SU NEGOCIO ES VENDER COSMÉTICOS DE VARIAS LINEAS DESDE HACE 10 AÑOS,EL CRÉDITO QUE ESTA SOLICITANDO ES PARA AFILIARSE A NUEVA LINEA DE CRÉDITO PORQUE LE OFRECEN MAYOR PORCENTAJE DE GANANCIA EN LAS COMPRAS; SU VENTA DE COSMÉTICOS ES DIARIO PERO SUS RECUPERACIONES SON SEMANALES Y QUINCENALES.

LA SEÑORA MARTHA GIOCONDA SOLICITA UN CRÉDITO A CEPRODEL POR PRIMERA VEZ. PARA INCREMENTAR SUS VENTAS Y OBTENER UNA MEJOR CALIDAD DE VIDA PARA SU FAMILIA, TAMBIÉN PARA SATISFACER LAS NECESIDADES DE SUS CLIENTAS.

ELLA ES MIEMBRO DEL GRUPO "DIOS ES NUESTRO AMOR", QUE LO CONFORMAN MAYRA DEL SOCORRO, KARLA PATRICIA, KARLA VANESSA, TAMBIEN TIENEN SU PROPIO NEGOCIO, ESPERAN MEJORAR SU CALIDAD DE VIDA CON ESTE CRÉDITO.


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
  • 83
    View loans »
    Nicaragua Loans Fundraising
  • $23,715,900
    Funds lent in using Kiva
  • 25.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Dios Es Nuestro Amor Group's $500 loan helped a member to buy Stylus brand cosmetics.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 12, 2013
Listed
May 6, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013