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Maria Francisca
Maria Francisca is employed by the Nindirí mayor's office. She has been working there for 13 years. She will use the funds to pay for university costs. She has collaborated with CEPRODEL for the last three years and she states that the funds have been helpful in that they have allowed her to make home improvements and have improved her quality of life as well as pay for her daughter's university expenses since she is finishing her thesis. She is a single mother of two daughters; she also is responsible for her 80-year-old mother.
View original language description ↓
La señora Maria Francisca es trabajadora de la alcaldía de Nindirí donde tiene de laborar 13 años, ella el crédito lo invertirá en los gasto de pago en la universidad la señora ha trabajado con CEPRODEL desde hace tres años en donde dice que los créditos le han beneficiado ya que ha mejorado su vivienda y su calidad de vida, también para subsidiar los gastos de la Universidad de su hija ya que esta sacando su monografía, ella es madre soltera con dos hijas también tiene a su cargo a su mama de 80 años.

Additional Information

About CEPRODEL

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.

About Nicaragua

  • $4,800
    Average annual income
  • 106
    View loans »
    Nicaragua Loans Fundraising
  • $24,828,400
    Funds lent in using Kiva
  • 20.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Maria Francisca to pay for university expenses.
100% repaid
Repayment Term
19 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 21, 2010
Listed
Jan 22, 2010
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2011