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Nubia Del Socorro
Ms. Nubia M. has been making a living by selling mattresses for the past 16 years. She owns the business and it gives her the income she needs to support her family. It is important to highlight her accomplishments in improving the conditions of her business. She has known how to take advantage of the loans she has received through Ceprodel. The reason why she is hoping for another loan through Ceprodel is because she needs money to buy more mattresses that she can sell them to her customers at her store and this will help her to make more money to support her family.


(Translated by Ashlee of San Roque High School)

View original language description ↓

La señora Nubia M. desde hace 16 años se dedica a su negocio de venta de colchones el cual posee siendo este el ingreso con el cual mantiene a su familia. Es de importancia destacar que ella ha logrado mejorar las condiciones de su negocio porque ha sabido aprovechar los crédito brindados por Ceprodel.

El motive por el cual ella espera una vez más en Ceprodel es porque requiere de un Nuevo crédito para la compra de colchones y así ofertarlos en su localidad y generar ingresos que le sirvan para mantener su hogar.

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
  • 61
    View loans »
    Nicaragua Loans Fundraising
  • $23,441,425
    Funds lent in using Kiva
  • 20.2
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Nubia Del Socorro purchase Mattresses.
100% repaid
Repayment Term
16 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 16, 2009
Listed
Mar 17, 2009
Currency Exchange Loss:
Covered
Ended:
May 15, 2010