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Silvia Magdalena
Silvia has worked as a teacher in a rural public school for the past 26 years, where she teaches upper-level classes to children and teens. This is her second time working with CEPRODEL, and she wants this loan in order to buy construction materials, such as cement, bricks, zinc laminate roofing, support beams, and others, which she will use to repair her house.
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La Señora Silvia trabaja como profesora en colegio publico rural desde hace 26 años, donde imparte clases de niveles avanzadas a niños y adolescente, actualmente es su segunda vez que va a trabajar con ceprodel, donde este crédito lo quiere para compra de materiales de construcción: cemento, ladrillos, zinc, perniles lo cual lo utilizara para mejora de su vivienda.

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

  • $3,636
    Average annual income
  • 131
    View loans »
    Nicaragua Loans Fundraising
  • $24,054,525
    Funds lent in using Kiva
  • 24.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Silvia Magdalena to buy construction materials like cement, bricks, zinc roofing, support beams, and other materials.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 15, 2013
Listed
Apr 19, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 18, 2014