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Martha Del Carmen
Mrs. Martha del Carmen Martinez works creating and selling art crafts that she sells at her own place at an open space for people to look at the products. She lives in the city of Leon, county of Telica.

She has two young children and needs to support them, this is why she is looking to get the loan for working capital to create her art crafts and sell them. This loan will benefit Martha and her family.
View original language description ↓

En el municipio de Telica de la ciudad de León la señora Martha del Carmen M. se dedica a la elaboración y venta de artesanías comercializada en su propio local con un espacio abierto para ser vista por las personas y así ofrecer el producto.


Es madre y con la responsabilidad de mantener a sus dos pequeños hijos y es por esto que busca el apoyo en Ceprodel para obtener el capital financiero para la compra de artesanías y de esta manera ofrecerlas a las personas. Con el préstamo se beneficia tanto ella como su amada familia.

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
  • 139
    View loans »
    Nicaragua Loans Fundraising
  • $24,079,275
    Funds lent in using Kiva
  • 19.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Martha Del Carmen buying material to create art crafts.
100% repaid
Repayment Term
16 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Nov 10, 2008
Listed
Oct 26, 2008
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2010