Check out some available loans that are similar to this one!
Juana Hilda
View original language description ↓
Eight years ago in the city of León, Mrs. Juana R. decided to invest her and her husband’s savings in a small cheese business in order to provide for their three children, who are underage and need a lot of support from their parents.

Mrs. R. is in charge of this business. She has been investing in her business space little by little, which is on a plot of land that she owns. Despite this fact, she still needs to invest more into her business, but she needs to have greater financial resources in order to achieve this project.

In order to bring about the improvement of her business, both in expanding the space and increasing inventory, Mrs. R. requests loans from Ceprodel. She has invested in her business buying products such as cream, cream cheese, curd, fresh cheese, and smoked curd. She has requested a total of 11 loans from Ceprodel.

Translated from Spanish by Elizabeth Casian, Kiva Volunteer.

Desde hace 8 años en la ciudad de León, la señora Juana R. decide invertir sus ahorros y los de su esposo en un pequeño negocio de venta de queso para mantener a sus tres hijos que necesitan un gran apoyo de sus padres por ser menores de edad.

La señora R. , se ha encargado de administrar este negocio y ha ido invirtiendo poco a poco en su localidad el cual es un terreno propio pero a pesar de esto, el negocio aun necesita de que se le invierta mas dinero y por ende se necesita tener mayores recursos financieros para realizar este proyecto.

Para llevar a cabo esta mejora en su negocio tanto en ampliación física como en aumento de productos, la señora Juana realiza créditos en Ceprodel habiéndolos invertido directamente en su negocio y adquirido otros productos como crema, queso de crema, cuajada, queso fresco y cuajada ahumada. Su record crediticio es de 11 créditos con Ceprodel.

Additional Information


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

  • $4,800
    Average annual income
  • 61
    View loans »
    Nicaragua Loans Fundraising
  • $26,432,925
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Juana Hilda purchase of cheese from suppliers.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Feb 14, 2008
Jan 31, 2008
Currency Exchange Loss:
Jan 15, 2010