Paz Vallejos is a very hardworking woman who dedicates herself to her convenience store, in which she sells a wide variety of products: food, personal products, and shoes in small quantities. This convenience store is very well stocked thanks to her many efforts to support her business. It is important to mention that the reason Paz has now approached Kiva partner Ceprodel for a loan is that she wishes to buy more of these products for her store. She is hoping that her loan will be granted so that she will be able to continue with her business.
La señora Paz Vallejos es una dama muy esforzada en su negocio el cual se dedica a atender su pulpería vendiendo todo tipo de productos como lo son comestibles y también productos personales y calzados en menores cantidades. Esta pulpería se encuentra muy surtida gracias a sus múltiples esfuerzos en su negocio.
Es importante destacar que hoy en día la razón por la cual ha acudido a Ceprodel es para solicitar un crédito para la compra de los productos y por esta razón ha acudido a la institución esperando ser beneficiado con dicho crédito para continuar con su negocio.
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.