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Iris Del Carmen
Iris lives in the city of Managua. She is very well-known in her neighborhood because she has a sewing workshop in her home where she makes all types of clothing for men, women, and children.

Iris is applying for a Kiva loan to buy a machine to make buttonholes for her business.

She is very grateful to Ceprodel because thanks to these loans, she has expanded her sewing workshop. This allows her to offer employment to other women who need to provide for their children.
View original language description ↓
La señora iris vive en la cuidad de Managua muy conocida en su vecindario ya que en su casa de habitación tiene un taller de costura donde confecciona ropa de todo tipo para dama, caballero, niño.

Doña iris está solicitando un crédito a kiva para la compra de una máquina para hacer ojal para su negocio.

Agradece mucho a ceprodel porque gracias a los créditos otorgados ha ido aumentando su taller de costura y esto le permite darles empleo a otras mujeres que necesitan llevar el sustento a su hogar para sus hijos.

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
  • 68
    View loans »
    Nicaragua Loans Fundraising
  • $23,505,525
    Funds lent in using Kiva
  • 24.5
    Nicaragua Cordobas (NIO) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,025 helped Iris Del Carmen to buy fabric and a machine to make buttonholes.
99% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 30, 2013
Listed
May 9, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 25, 2014