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Maria Luisa
María is a native of a town in the Department of León. She is a primary school teacher; currently, she is teaching classes at a school in the Larreynaga area. She has 5 years of experience doing this.

Her family consists of 1 son who studies at a local school. She is also a single mother. She is requesting this loan in order to improve her house with the purchase of construction materials, such as cement, blocks, metal roofing, and also labor.

In order to better her conditions and standard of living, she approached CEPRODEL to ask for funding and fulfill her dream, since the loans she has received have had a great impact on self-improvement for herself and her son.
View original language description ↓
La señora María es originaria de un poblado del departamento de león, su profesión es maestra de educación Primaria, actualmente está impartiendo clases en el colegio de la zona de larreynaga de la que tiene 5 años de ejercer dicha actividad, su núcleo familiar está compuesto por 1 hijo, el que estudia en el colegio de la localidad, también es madre soltera, actualmente solicito el crédito para mejorar su vivienda con la compra de materiales de construcción como: Cemento, Bloques, Zinc, Hierro y Mano de Obra. Para mejorar sus condiciones y nivel de vida con ese objetivo se acerco a ceprodel para continuar solicitando financiamiento y cumplir con su sueño, ya que los créditos recibidos le han sido de gran impacto en mejoramiento mismo de ella y su hijo.

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
  • 126
    View loans »
    Nicaragua Loans Fundraising
  • $24,597,675
    Funds lent in using Kiva
  • 23.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Maria Luisa to purchase construction materials such as: cement, blocks, metal roofing, iron, and to pay for labor.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 12, 2012
Listed
May 4, 2012
Currency Exchange Loss:
Possible
Ended:
May 17, 2013