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Maria Amparo

Update on Maria Amparo

Maria Amparo has worked as a nurse for the Center for Pubic Health for 13 years. She needs this loan in order to buy construction materials such as zinc, beams, and labor since her roof and bedroom were damaged in the earthquakes that occurred in April 2014. Maria Amparo is grateful to Ceprodel for offering this support to her by means of this loan.
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La Sra. Maria Amparo trabaja para el centro de salud publico desde hace 13 años como enfermera, este credito lo requiere para comprar material de construccion como zinc, perlines y mano de obra ya que salio afectada con los terremotos ocurridos en abril del 2014 con daño parcial en el techo y dormitorio, agradece a ceprodel por haberle brindado el apoyo por medio el credito otorgado.

Previous Loan Details

Señora Maria has worked for a public health centre as a nurse for over 12 years. She is currently making improvements to her home, changing the floor in order to give her family better living conditions and to increase her home's value. She is requesting a loan from Ceprodel in order to reach thi... More from Maria Amparo's previous loan »

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.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

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About Nicaragua

  • $3,636
    Average annual income
  • 153
    View loans »
    Nicaragua Loans Fundraising
  • $24,072,325
    Funds lent in using Kiva
  • 25.8
    Nicaragua Cordobas (NIO) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $400 helped Maria Amparo to buy construction materials.
69% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 30, 2014
Listed
Jun 15, 2014
Currency Exchange Loss:
Possible
This photo was used before for a previous loan for Maria Amparo. It was first posted on Kiva on Jul, 2013. Learn More