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Rosa Argentina
Rosa Argentina’s a merchant in one of the city of León’s busiest markets. She starts work at 9am preparing the products at home that she’ll head out later to sell from place to place. Her day ends at 5pm. She’s a single mother of five children two of whom are still in her care. She’s been in this business supporting her family this way for 12 years.

The loan she’s asked from Ceprodel will be used to repair and service the vehicle she uses to go from home to the various places in the city of León where she sells her goods. She’s used previously granted loans to do home improvements, to increase working capital and principally to improve her children’s quality of life.
View original language description ↓
La señora Rosa Argentina es comerciante en unos de los Mercados más concurridos de la ciudad de león, empieza sus labores a las 9:00 am preparando sus productos en su casa de habitación que posteriormente sale a ofertar de forma ambulante a su clientela finalizado a las 5:00 pm, es madre soltera con 5 hijos de los cuales 2 están a su cargo, se dedica a este negocio desde hace doce años para el sustento de su familia.

El crédito que solicito a Ceprodel será utilizado para la reparación y mantenimiento de su vehículo con el cual se moviliza de su casa de habitación o los distintos lugares de la ciudad de león para ofertar sus productos, con créditos anteriormente brindados ha logrado mejor su vivienda, incrementar su capital de trabajo y primordialmente brindarle a sus hijos una mejor calidad de vida.

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.

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About Nicaragua

  • $3,636
    Average annual income
  • 149
    View loans »
    Nicaragua Loans Fundraising
  • $23,166,475
    Funds lent in using Kiva
  • 24.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Rosa Argentina to service her vehicle.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 16, 2013
Listed
Oct 23, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 18, 2014