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Luz María
Doña Luz María, age 55, is a widow and has been a business owner for 22 years. She makes maxi dresses. Her main customers are from places abroad such as Panama, Costa Rica, El Salvador, and Honduras. She says that her market consists of 18 established customers.

Luz María came to CEPRODEL to request a new loan so that she can buy raw materials. She currently has a large order and needs additional supplies for her business. She will buy silk by the case and dacron fabric. Luz María believes this loan will help her provide better service and do a better job in her work. As a result, she will improve her quality of life and continue to receive recognition from abroad for her handmade products.

View original language description ↓
Doña Luz María, ella es viuda, tiene 55 años de edad, es propietaria de su propio negocio desde hace 22 años, en la elaboración de maxi, sus principales clientes son del extranjero, Panamá, Costa Rica, el Salvador y Honduras. Comenta que en el mercado cuenta con 18 clientes fijo.
Se presenta a Ceprodel para solicitar un nuevo crédito para la compra de materia prima, actualmente tiene un pedido grande por lo que requiere suminístrale más a su negocio en la compra de seda por caja y tela da cron.

Considera que este crédito le ayudara a dar un mejor servicio, en el cumplimiento de su trabajo, mejorara su cálida de vida, y seguir dando a conocer al extranjero los productos que aquí se elabora de forma artesanal.

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
  • 38
    View loans »
    Nicaragua Loans Fundraising
  • $26,388,300
    Funds lent in using Kiva
  • 23.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Luz María to buy silk by the case and dacron fabric.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
May 11, 2012
May 21, 2012
Currency Exchange Loss:
Feb 15, 2013