Concepción Benavides García


Status: Paying Back

$1,050.00   Loan Amount
83% repaid

About the Entrepreneur

Name: Concepción Benavides García
Location: Chinandega, Nicaragua
Activity: Construction Supplies

About the Loan

Loan Amount: $1,050.00
Loan Use: Purchase 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



Concepcion is a resident of the village El Obraje in the city of Chinandega in Nicaragua. She is married, a mother and a housewife. Her husband works in agriculture on a small scale.


The problem that Mrs. Concepcion faces is that her village does not have electricity due to the fact that it is so far removed. This is the reason Mrs. Concepcion is requesting the installation of a solar panel in her home to improve her living conditions. To cover the costs she is requesting a loan from Ceprodel which will enable her to pay for the panel that she so needs. Having lights in her house will enable her to better carry out the work and duties in her home. In spite of her difficult financial situation, she affirms that with the support from Ceprodel she will improve her home conditions and will be able to get ahead together with her family.

Translated from Spanish by Laura Bobbit, Kiva volunteer.



Concepción Benavides es una dama habitante del pueblo El Obrage de la ciudad de Chinandega en Nicaragua. Es madre casada y se dedica al trabajo de ama de casa. Su esposo se dedica a la agricultura desde muy pequeño.


La problemática que atraviesa la dama Concepción es que en su pueblo no cuentan con energía eléctrica por estar muy retirado de la ciudad. Por este motivo, la señora Concepción solicita la implementación de un panel solar para mejorar su situación de vida. Para cubrir esta deuda, muy inteligentemente acude a Ceprodel para obtener créditos que le permitan pagar el panel que le es de mucha utilidad por el hecho de que necesitan la luz eléctrica para realizar sus trabajos y quehaceres del hogar.


A pesar de su difícil situación económica, afirma que con el apoyo que le brinde CEPRODEL mejorara las condiciones de su hogar de habitación y además logrará salir adelante junto con su familia.


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Journal entries for Concepción Benavides García


Loan has been disbursed
 
Entrepreneur: Concepción Benavides García
Location: Chinandega, Nicaragua

Thank you for your loan. It has been disbursed to Concepción Benavides García 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 26, 2008
Comments (2)

Kiva Help Repayment Schedule for Concepción Benavides García

Show Advanced
  Expected Repayments Actual Repayments Comments
May 2008 $43.75 $44.00 Repayment Received
June 2008 $43.75 $44.00 Repayment Received
July 2008 $43.75 $44.00 Repayment Received
August 2008 $43.75 $44.00 Repayment Received
September 2008 $43.75 $44.00 Repayment Received
October 2008 $43.75 $44.00 Repayment Received
November 2008 $43.75 $44.00 Repayment Received
December 2008 $43.75 $42.00 Repayment Received
January 2009 $43.75 $43.75 Repayment Received
February 2009 $43.75 $43.75 Repayment Received
March 2009 $43.75 $43.75 Repayment Received
April 2009 $43.75 $43.75 Repayment Received
May 2009 $43.75 $43.75 Repayment Received
June 2009 $43.75 $43.74 Repayment Received
July 2009 $43.75 $43.75 Repayment Received
August 2009 $43.75 $43.75 Repayment Received
September 2009 $43.75 $43.76 Repayment Received
October 2009 $43.75 $43.75 Repayment Received
November 2009 $43.75 $43.75 Repayment Received
December 2009 $43.75 $43.75 Repayment Received
January 2010 $43.75 Available Jan 1  
February 2010 $43.75 Available Feb 1  
March 2010 $43.75 Available Mar 1  
April 2010 $43.75 Available Apr 1