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Asociación Comunal Pilas Orientales Group
In this Group: Milton Genaro, Gregorio Humberto, Isidro Antonio, Miguel Jerónimo, William Humberto, Bartolo Antonio, Ramiro Avelino
The las Pilas Orientales Communal Association for the Development of Water and Other Projects was founded in 1992 to solve water supply problems in the north Masaya regions. At present it supplies 5 communities, for a total of 845 users. with a community of 4,225 people supplied. They are asking for the loan to invest in changing the air valves and the main guage and in accessories for the good functioning of the pump system. With this investment, it will be ensured that the water extracted from the well will be pumped with the pressure required for it to arrive with a good volume to the homes of each of the users.
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La Asociación Comunal para el Desarrollo de Proyectos de Agua y Otros, Las Pilas Orientales fue fundada en 1992, para dar solución a problemas de abastecimiento de agua de las comarcas del norte de Masaya. En la actualidad abastece a 5 comunidades, para un total de 845 usuarios, siendo la población abastecida de 4,225 personas. El sistema de bombeo es directo desde el pozo hasta los hogares de cada usuario. Están solicitando el préstamo para invertir en el cambio de válvulas de aire y medidor madre y accesorios para el buen funcionamiento del sistema de bombeo. Con esta inversión se garantizará que el agua extraída del pozo se bombee con la presión requerida para que pueda llagar con buen caudal a los hogares de cada uno de los usuarios.

Additional Information

More information about this loan

This loan is part of an AFODENIC pilot project to provide capital to Drinking Water and Sanitation Committees. These committees are comprised of community members who work on a volunteer basis to manage wells and water distribution in the rural areas where they live, which do not have access to government-provided running water. Loans are disbursed to committee members, who represent their entire communities – hundreds or even thousands of individuals – using a solidarity guarantee. Committees use these loans to repair water pumps, install water meters, and buy new pumps or motors for existing distribution systems. Loan repayments are made jointly via small contributions from all members of the community who benefit from water access. Committee members are responsible for collecting and tracking repayments. Kiva is very excited to support AFODENIC's initiative to expand access to clean drinking water in rural Nicaragua. 

About AFODENIC

This loan is administered by AFODENIC, La Asociación para el Fomento al Desarrollo Nicaragua, a Kiva Field Partner based in Managua, Nicaragua. Founded in 1999, AFODENIC was created to promote the socio-economic and cultural development of sectors that are excluded from commercial banking. Integrating economic and human resources, AFODENIC offers affordable and adaptable financial services aimed at strengthening the family unit of their clients, who include students, producers, and micro- and small entrepreneurs from rural and urban areas. AFODENIC is a socially responsible institution engaged in society and making a positive impact on its professional partners and communities.

Supporting a borrower through AFODENIC contributes to the pursuit of innovation in mitigating poverty in Nicaragua. Visit AFODENIC’s partner page for more information.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Nicaragua

  • $4,800
    Average annual income
  • 132
    View loans »
    Nicaragua Loans Fundraising
  • $24,576,775
    Funds lent in using Kiva
  • 23.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Asociación Comunal Pilas Orientales Group's $3,625 loan helped a member to buy air valves and a main guage.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 6, 2012
Listed
Feb 20, 2012
Currency Exchange Loss:
Covered
Ended:
Sep 18, 2012