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Teodora Lucía
Mrs. Teodora G. sells ceramics in the Telica area of the city of Leon. Every day customers who are interested in buying her ceramic products come to her store. For this reason she needs to buy greater quantities of those products to sell them.

With visions of growing and developing the business, she has come to Ceprodel to solicit a loan with which to buy necesary products, because if she doesn't do this, her competitors will have the advantage, and she won't be able to advance. Because of this, she hopes that her loan will be granted so she can continue her business.
View original language description ↓

La venta de cerámicas es el negocio al que se dedica la señora Teodora G. en el municipio de Telica de la ciudad de León. Es visitada todos los días por los clientes interesados en la compra de los productos de cerámica y por este motivo es un reto para la señora G. adquirir mayores cantidades de dichos productos para comercializarlos.

Con miras a crecer y desarrollar el negocio ha acudido a Ceprodel para solicitar un crédito con el cual comprar los productos debido a que si no lo hace, sus competidores tomaran ventaja y no podrá salir adelante. Es por esto que ella espera que su crédito sea otorgado y así continuar en su negocio.

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
  • 116
    View loans »
    Nicaragua Loans Fundraising
  • $23,803,650
    Funds lent in using Kiva
  • 19.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Teodora Lucía purchase of ceramics.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 29, 2008
Listed
Nov 30, 2008
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2009