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Teodora
Teodora lives in Santa Rosa del Peñón municipality, in the India region of León, a region where the majority of the population works in mining gold and business. Teodora is 57 years old, married, and does not have children dependent upon her. With the little she earns she supports her home. Her husband works in gold mining in a small mine located in the region where she lives.

Two years ago she began a small convenience store where she sells cosmetics and groceries. This business began with a bit of capital that they saved from her husband's income, but their dreams are to have better living conditions. The store is located within their home, an idea that that emerged because her husband's work is a health risk and in the future they plan to live of of this small convenience store.

The loan will be used to buy corn, beans, sugar, oil, rice and cosmetics to better stock her business. She trusts in God to continue receiving support from Kiva and Ceprodel through these small loans that help her so much in the development of her life.
View original language description ↓
La señora Teodora habita en el municipio de santa Rosa del peñón, comarca mina la india departamento de león, una comarca donde la mayoría de los pobladores se dedican a explotar oro y al comercia.

La señora Teodora 57 años de edad casada no tiene hijos bajo su cargo, con lo poco que ella gana mantiene el sustento diario de su hogar, su esposo trabaja en la explotación de oro en una pequeña mina que se encuentra ubicada en la comarca donde habita.

Tiene dos años de iniciar esta pequeña pulpería el cual consiste en la venta de cosméticos, y alimentación para la población, este negocio lo empezó con un pequeño capital que lograron obtener de la ganancia de su esposo, pero son sus sueños vivir en mejores condiciones.

La forma de vender su producto, esto lo hace en su propia casa de habitación, esta idea le surgió porque el trabajo que ejerce su esposo es un riesgo para su salud y en un futuro pretenden sobrevivir de esta pequeña pulpería.
El destino del crédito solicitado es para la compara de Maíz, frijoles, Azúcar, Aceite Arroz Y cosméticos para un mejor surtido en su negocio.

Espera en Dios seguir recibiendo este privilegio de Kiva y Ceprodel de estos pequeños créditos que le ayudan mucho en el desarrollo de su 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.

About Nicaragua

  • $3,636
    Average annual income
  • 134
    View loans »
    Nicaragua Loans Fundraising
  • $24,060,850
    Funds lent in using Kiva
  • 27.2
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Teodora to buy corn, beans, sugar, oil, rice and cosmetics to better stock her business.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 30, 2014
Listed
May 14, 2014
Currency Exchange Loss:
Possible
Ended:
Nov 18, 2014