Somaria Concepción is the mother of 2 small children and she has worked in business for 18 years. Her current business is selling cell phones and a barber shop in one of the markets in the city of León. She starts selling to her customers at 6:00 a.m. and finishes at 6:00 p.m., with the same schedule Monday through Sunday. She does this work to support her children.
Somaria is asking for a loan from Ceprodel that she will use to buy products such as shoes, sandals, disc players, and memory cards, among other items. In this way, she will achieve higher sales, increasing her inventory with shoes and cell phones as well as with products of higher quality, which will allow her to obtain a larger income as well as a better standard of living with her small children.
La señora Somaria Concepción, es madre de 2 hijos pequeños y se dedica al comercio desde hace 18 años, donde su negocio actual es la venta de celulares y barbería en uno de los mercados de la ciudad de León, ella inicia a ofertar el producto a su clientela desde las 06:00 am y finalizándolas a las 06:00 pm con el mismo horario de lunes a domingo, ella realiza esta labor para la mantención de sus hijos.
Doña Somaria, solicito a Ceprodel un crédito el que utilizo para la compra de productos tales como: zapatos, sandalias, reproductores, memorias, entre otros artículos; así lograr mayores ventas incrementando su inventario con calzado y celulares al igual con productos de mayor calidad lo cual le permitirá obtener mayores ingresos al igual que un mejor nivel de vida junto a sus pequeños hijos.
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.