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Araceli is a native of San Rafael del Sur, Nicaragua. She used to work in a bakery from seven in the morning until one in the afternoon making cakes. After arriving home from the bakery, she would go back out to sell household items and various new styles of clothing to a growing number of customers. She realized that she could not keep up with her sales working only half a day, so she left her job at the bakery to work at her business full-time.

Araceli takes orders for products on one-month terms of credit in seven districts of her municipality. She says it is incredible how many customers she has been able to attract.

Araceli says she has received other loans that she invested in her business and her home. Her husband works operating heavy machinery, and with his help they are getting ahead with the education of their children and with their home, which they have built through much effort and sacrifice. Araceli and her husband are a young couple who have learned to work and fight to improve their living conditions.
View original language description ↓
La Señora Araceli es originaria de san Rafael del sur, Nicaragua, ella trabajaba en una panadería haciendo pastel por la mañana de las siete de la mañana hasta la una del día, después llegaba a su casa y empezaba a salir a visitar clientes y ofrecerle articulo para el hogar y ropa de varios estilo nuevo empezó a hacer clientela, después vio que no daba abasto solo el medio día y dejo de trabajar en la panadería y empezó en lleno a atender su negocio.

Visita siete comarcas del municipio ofreciendo producto por encargos al crédito de un mes, ahora es increíble cuanto cliente ha podido captar.

Se le han financiado varios créditos los cuales los ha invertido en su negocio y otra parte en su casa de habitación.

Su esposo trabaja como conductor de equipo pesado y con la ayuda de él han salido adelante con la educación de sus hijos y su casa que la han construido con mucho sacrificio y esfuerzo, son personas jóvenes que han sabido trabajar y luchar por la vida a tener mejor condiciones de vida.

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
  • 55
    View loans »
    Nicaragua Loans Fundraising
  • $26,258,500
    Funds lent in using Kiva
  • 24.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Araceli to buy pants, T-shirts, shorts, bathing suits, shoes and sandals.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Mar 7, 2013
Mar 17, 2013
Currency Exchange Loss:
Oct 17, 2013