María Lourdes lives in a neighborhood in the capital city. She is very well-known in her neighborhood for being a kind and helpful person. She has a small clothing store for children, ladies, and gentlemen, which she runs in her home to help with the family expenses.
The majority of her customers live near her home and she allows them to pay by credit or cash.
She is requesting a loan from Kiva and CEPRODEL in order to invest it in merchandise to stock her business with summer clothing.
Maria feels grateful because thanks to her previous loans with CEPRODEL she has been able to continue expanding her small business and as a result her profits will improve, thereby changing her family’s living conditions.
La señora maría Lourdes vive en un barrio de la capital muy conocida en su barrio por ser una persona amable, servicial tiene un pequeño negocio de venta de ropa para niño damas y caballeros, en su casa para ayudar en los gastos de la familia.
La mayoría de sus clientes viven en los alrededores de su vivienda les oferta al crédito y al contado
Está solicitando un crédito a kiva y ceprodel para invertirlo en compra de mercadería para surtir su negocio con ropa de verano.
Doña maría se siente agradecido porque gracias a los créditos anteriore con ceprodel ha podido ir creciendo en su pequeño negocio y por ende su ganancia van mejorando cambiando así las condiciones de vida de su familia.
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.