Maribel del Socorro is 30 years old, with a life partner and five school-age children. She lives in Chongo, which is named after a species of pig from this area. Maribel is a young entrepreneur who has finished primary school. Since she was young she has killed pigs. From this experience she has had a desire to start her own business. Her life partner is a farmer. One of their dreams is to have a larger business that offers a variety of local products. Currently their business involves killing pigs and selling pork products such as fried pork meat and pork nacatamales. All of the products that she sells come from the meat that she raises. Thanks to the young person’s initiative from Chinandega, Maribel has the opportunity to meet her goals and have a means to earn a living. In this way she can provide food and education for her young children.
Maribel del Socorro de 30 años de edad, acompañada y con 5 hijos todos en edad escolar, habitante de una comunidad llamada Chongo(llamada así por un cerro de la zona). Maribel es una Joven emprendedora, logro terminar sus estudios primarios, empezó desde muy joven a matar cerdos de ahí nace los deseos crear su propio negocio, su acompañante de vida se dedica a la agricultura, uno de sus sueños es tener mas grande su negocio y que ofrezca mas variedad de productos típicos, ya que su negocio consistes en matar los cerdos y vender la variedad, como es frito, la carne, hace nacatamales, todo el derivado del cerdo ella lo comercializa, gracias a esta iniciativa juvenil en chinandega es como Maribel tiene la posibilidad de cumplir sus metas y tener un medio de subsistencia para poder brindar alimentación y educación a sus pequeños hijos.
More information about this loan
This loan is part of CEPRODEL's program for young Nicaraguans, ages 18 to 29, who belong to solidarity groups. Within these groups, everyone either works together on the same business or runs a separate small business. These loans are targeted to low-income clients with special focus on single women living in and around the city of Chinandega. For borrowers starting new businesses, CEPRODEL waives its requirement that recipients have over one year of experience in the field. CEPRODEL partners with an Italian NGO to offer a business training program for recipients. By supporting this loan, you are helping young entrepreneurs who have limited access to credit.
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.