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Caps Capulin Y Sam Blas Group
In this Group:      Josefa Dolores ,      Mario Antonio ,     Cesar Augusto ,     Sergio Enrique ,       Evaristo ,       Francisco
The Capulín and San Blass Water and Sewerage communal bank (CAPS CSB) is based in 34 1/2 km down the road to Granada in Nicaragua. CAPS provides drinking water to 850 families in the communities of San Blass, El Capulín and Los Angeles, which is around 4250 people benefiting from their services.

CAPS has 4 tanks storing water, which are in need of urgent maintenance, the distribution pipes are also in need of maintenance, which hasn't been carried out for a long time. Representing their users, the CAPS board of directors has requested financing to buy the paints, anti-corrosives and materials needed to maintain the tanks as well as the stop cocks, glues and PVC piping for the distribution network.

This investment will allow CAPS to ensure the durability of the tanks and the provision of drinking water to their communities for many years.
View original language description ↓
El Comité de Agua Potable y Saneamiento Capulín y San Blass (CAPS CSB), se encuentra ubicado en el km 34 ½, carretera a Granada, Nicaragua. El CAPS abastece de agua potable a 850 familias de las comunidades de San Blass, El Capulín y los Ángeles, siendo alrededor de 4,250 personas beneficiadas. El CAPS tiene 4 tanques de almacenamiento de agua, los cuales necesitan de mantenimiento urgente, la red de tubos de distribución necesita de mantenimiento también, el cual no se realiza desde hace mucho tiempo. En representación de los usuarios, la junta directiva del CAPS ha solicitado financiamiento para la compra de base, pinturas, anticorrosivos y materiales para dar mantenimiento a los tanques, así como llaves de pase, pegas y tubos de PVC para la red de distribución. Con esta inversión el CAPS podrá asegurar la durabilidad de los tanques y el abastecimiento de agua potable a sus comunidades por muchos años.

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
  • 90
    View loans »
    Nicaragua Loans Fundraising
  • $24,741,875
    Funds lent in using Kiva
  • 24.3
    Nicaragua Cordobas (NIO) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A portion of Caps Capulin Y Sam Blas Group's $5,125 loan helped a member to buy paint, anti-corrosives, tank maintenance materials, stopcocks, glues and PVC pipes.
99% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 31, 2013
Listed
Feb 15, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2014