Ediccia Espinoza Benavides


Status: Paying Back

$750.00   Loan Amount
83% repaid

About the Entrepreneur

Name: Ediccia Espinoza Benavides
Location: Chinandega, Nicaragua
Activity: Construction Supplies

About the Loan

Loan Amount: $750.00
Loan Use: Installation of a solar panel
Repayment Term: 26 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Feb 10, 2008
Date Disbursed: Feb 26, 2008
Date Funded:Feb 12, 2008

About the Country

Country:Nicaragua
Avg Annual Income:$3,636.00
Currency:Nicaragua Cordobas (NIO)
Exchange Rate:19.1780 NIO = 1 USD



Villanueva is a village in Nicaragua in the city of Chinandega. This village is made up of different locales and municipalities with “El Obraje” being one of them, this being known as one of the more alienated ones with roads that are very hard to maneuver leading to it.


Because El Obraje is so hard to get to, its inhabitants do not receive electricity. This is the reason for Mrs. Ediccia Espinoza Benavides’ request for the installation of a solar panel at her house which will improve her home situation. Upon the installation of the solar panel, Mrs. Benavides is responsible for the costs, and therefore is requesting a loan through Ceprodel to cover these expenses and provide the proper maintenance of the solar panel.


It is important to note that she is mother to three children that are in her care and the only support the family has is through her husband who works in agriculture and the raising of livestock. With the solar panel, Mrs. Espinoza and her family can enjoy lighting in the evenings and access to a television.

Translated from Spanish by Laura Bobbit, Kiva volunteer.



Villanueva es un pueblo de Nicaragua ubicado en la ciudad de Chinandega. Este pueblo cuenta con diferentes localidades o municipios entre los que se encuentra “El Obraje” que se caracteriza por estar muy alejado y con difíciles caminos para transitar y llegar a esta localidad.


Debido a que El Obraje se encuentra muy alejado, los habitantes no cuentan con energía eléctrica es por esta razón que la señora Ediccia Espinoza Benavides busca la manera de cómo mejorar la situación de su hogar y para ello solicita la instalación de un panel solar en su hogar de habitación. Al instalarle el panel, la señora Benavides queda en la obligación de cubrir esta deuda y es por esta razón que muy sabiamente ella acude a Ceprodel para ser beneficiada con créditos que le permitan cancelar su deuda y darle el mantenimiento adecuado al panel.


Es necesario destacar que ella es madre de tres hijos a su cargo y el único sustento del hogar es su esposo que se dedica a la agricultura y ganadería en el mismo pueblo de Villanueva. Por medio del panel solar la señora Espinoza y su familia puede gozar de iluminación por las noches y acceso a un televisor.


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Lenders to this entrepreneur

Jarmila & Arthur
Den Andel,
Netherlands

Laurent D
Brussels,
Belgium

Kelly
Zionsville, IN
United States

Daniel
Montreal, Quebec
Canada

claudia
Milano, Milano
Italy

Phil + Megan
Hartland, WI
United States

craig
Winnipeg, Manitoba
Canada

Nina
San Francisco, CA
United States

Kris & Andy
Seattle, WA
United States

Martha
Westford, MA
United States

James
Clarksville, TN
United States

Chuck
Houston, TX
United States

joan
Hilo, HI
United States

Greg and Perri
Kingston, Ontario
Canada



Journal entries for Ediccia Espinoza Benavides


Loan has been disbursed
 
Entrepreneur: Ediccia Espinoza Benavides
Location: Chinandega, Nicaragua

Thank you for your loan. It has been disbursed to Ediccia Espinoza Benavides by CEPRODEL in Nicaragua. We are excited to watch this business grow. Over the next 24 months, CEPRODEL will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Chinandega, Nicaragua
Feb 27, 2008
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Kiva Help Repayment Schedule for Ediccia Espinoza Benavides

Show Advanced
  Expected Repayments Actual Repayments Comments
May 2008 $31.25 $32.00 Repayment Received
June 2008 $31.25 $32.00 Repayment Received
July 2008 $31.25 $32.00 Repayment Received
August 2008 $31.25 $32.00 Repayment Received
September 2008 $31.25 $32.00 Repayment Received
October 2008 $31.25 $32.00 Repayment Received
November 2008 $31.25 $32.00 Repayment Received
December 2008 $31.25 $0.00 Repayment Received
January 2009 $31.25 $57.25 Repayment Received
February 2009 $31.25 $31.25 Repayment Received
March 2009 $31.25 $31.25 Repayment Received
April 2009 $31.25 $31.25 Repayment Received
May 2009 $31.25 $31.25 Repayment Received
June 2009 $31.25 $31.25 Repayment Received
July 2009 $31.25 $31.25 Repayment Received
August 2009 $31.25 $31.25 Repayment Received
September 2009 $31.25 $31.25 Repayment Received
October 2009 $31.25 $31.25 Repayment Received
November 2009 $31.25 $31.25 Repayment Received
December 2009 $31.25 $31.25 Repayment Received
January 2010 $31.25 Available Jan 1  
February 2010 $31.25 Available Feb 1  
March 2010 $31.25 Available Mar 1  
April 2010 $31.25 Available Apr 1