Check out some available loans that are similar to this one!
Carmen Isabel
View original language description ↓

For eight years, Carmen L. has had a beauty business, with her own beauty salon, where she works looking after her loyal customers every day, offering them the highest quality service. She has become very experienced in this field, and as a result she has secured a good client base.

It must be pointed out that Carmen is a single mother of one, and she uses the income from her business to support and raise her daughter. This is why she has turned to CEPRODEL for a loan, which will enable her to purchase the necessary products for her business and furthermore, will enable her to expand her premises so that she can offer the best service to her loyal customers.

Translated from Spanish by Lucy Williams, Kiva volunteer

Carmen L. desde hace ocho años se dedica al negocio de belleza teniendo su propio salón de belleza en el que atiende a sus fieles clientes todos los días para brindar un excelente servicio con alta calidad. SE ha destacado por ser una persona muy experimentada en el ramo de la belleza y gracias a esto ha logrado acaparar clientes para el negocio.

Es necesario destacar que la señora Carmen es soltera y con una pequeña hija que mantener por lo que para brindarle las condiciones de vida necesarias debe de hacer uso de la inversión en el negocio. Para esto ha buscado el apoyo en CEPRODEL para recibir créditos que le den la oportunidad de adquirir los productos necesarios para el negocio y además para iniciar a ampliar su área física con el fin de brindar un excelente servicio a sus fieles clientes.

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
  • 53
    View loans »
    Nicaragua Loans Fundraising
  • $26,258,500
    Funds lent in using Kiva
  • 19.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,150 helped Carmen Isabel t purchase materials and improve her premises.
100% repaid
Repayment Term
22 months (Additional Information)
Repayment Schedule
May 10, 2008
Apr 21, 2008
Currency Exchange Loss:
Jan 15, 2010