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View original language description ↓
Maribel Munoz dedicates her efforts to her business of selling clothing in the city of Chinandega where she sells her products at the central market.

She is a hard working person who is looking for a way to succeed in her business so that she can provide for her family. For this simple reason she is calling upon Ceprodel for a loan that will allow her to purchase merchandise to sell to her clients so that she may be able to continue supporting her family.

Translated from Spanish by Cindy M., Kiva Volunteer.

Maribel M. se dedica con mucho esfuerzo a su negocio de venta de ropa en la ciudad de Chinandega donde vende sus productos en el mercado Central de esta ciudad.

Actualmente ella es una persona esforzada que busca la manera de salir adelante en su negocio para llevar el sustento a su hogar. Por esta sencilla razón es que acude a Ceprodel para obtener el crédito necesario que le permita obtener la mercadería para luego ofertarla a sus clientes en su tramo y de esta manera continuar con el sustento de su hogar.

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
  • 19.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,050 helped Maribel purchase of clothing.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Jul 19, 2008
Jun 22, 2008
Currency Exchange Loss:
Dec 15, 2008