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Lorenza Del Socorro
Lorenza del Socorro is a merchant at one of the busiest markets in León. She starts working at 6 am, preparing and organizing the products that she will sell to her clients. She is a single mother of three children whereof one is still in her care. She has been running this business for 16 years in order to maintain her family.

With the loan she is requesting at CEPRODEL she will buy wholesale merchandise such as soda, water, sugar, and fruits for the elaboration of soft drinks. This will allow her to increase her profits and help her to realize her dreams.
View original language description ↓
La señora Lorenza del Socorro es comerciante en unos de los Mercados más concurridos de la ciudad de león, empieza sus labores a las 6:00 am preparando y arreglando sus productos que ofrecerá a su clientela, es madre soltera con 3 hijos de los cuales 1 está a su cargo, se dedica a este negocio desde hace dieciséis años para el sustento de su familia.

El crédito que solicito a Ceprodel será utilizado para comprar por mayor su mercadería tales como: gaseosas, agua, azúcar y fruta para la elaboración de los refrescos, lo cual le permitirá obtener mayor ganancia la que le ayudara a realizar sus sueños.

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
  • 90
    View loans »
    Nicaragua Loans Fundraising
  • $24,741,875
    Funds lent in using Kiva
  • 25.6
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Lorenza Del Socorro to buy soft drinks, juices, water, sugar, and more.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 30, 2013
Listed
Oct 12, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 18, 2014