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Martha Lorena
Martha Lorena has a business selling shoes in one of the markets in the city of Leon. She started as a mobile clothing vendor, and now has a stall where she sells all kinds of shoes and has been able to obtain more customers. She buys her product wholesale from businesses in the city of Masaya. She is a single mother of five adult children, none of whom are still under her care. She starts work at 5:30 am and finishes at 4:30 pm. Martha Lorena is requesting a loan in order to buy sandals, and to take advantage of the fact that there is greater demand for this product now and attract more customers. She dreams of keeping her business stocked with differents kinds and varieties of shoes.
View original language description ↓
La señora Martha Lorena tiene un negocio de venta de calzado ubicado en uno de los mercados de la ciudad de León, lo inició de forma ambulante con ventas de ropa, actualmente tiene su puesto fijo con venta de calzado de toda índole donde ha logrado obtener mayor clientela. Sus compras las realiza al por mayor a comerciantes de la ciudad de Masaya. Es madre soltera de cinco hijos los cuales todos son mayores de edad y ninguno está a su cargo, inicia sus labores a las 5:30 am el cual finalizándolas a las 4:30 pm.

Martha Lorena solicita este crédito a CEPRODEL para compra de sandalias y aprovechar, captar más clientes ya que en estas épocas hay mayores demandas de productos.

La señora sueña con poseer su negocio bien surtido con distinta clases y variedades de calzado.

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
  • 110
    View loans »
    Nicaragua Loans Fundraising
  • $24,828,400
    Funds lent in using Kiva
  • 25.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Martha Lorena to buy domestically-produced sandals made in Masaya.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 31, 2013
Listed
Sep 2, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 23, 2013