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Concepción
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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 B. 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.

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
  • 132
    View loans »
    Nicaragua Loans Fundraising
  • $24,558,975
    Funds lent in using Kiva
  • 19.2
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,050 helped Concepción purchase of a solar panel.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Feb 26, 2008
Listed
Feb 10, 2008
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2010