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Maria Neris

Update on Maria Neris

María has worked for 28 years giving classes to children. She is in a stable relationship. She is a primary school teacher and she works as a school counselor in the school in the area where she lives.

She currently needs to build a bedroom onto her house, so she visited the office of Ceprodel to request a loan that she will use to buy construction materials such as: cement blocks, purlins (c-beams), sand, cement, and also to pay for the labor of the people who will do the work. This will give her a better quality of life.
View original language description ↓
María es una señora que se ha dedicado durante 28 años a impartir clases principal a los niños, tiene una relación estable , de profesión maestra de educación primaria y se desempeña como consejera escolar en centro de estudio en la zona donde vive, actualmente esta señora tiene una necesidad de hacer anexo de un cuarto de habitación en su vivienda, debido a esto visito a la oficina de ceprodel para solicitar un financiamiento el que utilizaría en la Compra de materiales de construcción: como bloques, perlines, arena cemento y pago de mano de obra.los cuales realizaría la obra antes mencionada quien le daría mejores condiciones de vida

Previous Loan Details

María is an elementary school teacher with 27 years of experience teaching in the town where she has lived for 40 years. She has a partner and does not have any children in her care. She is requesting a small loan to fix the roof of her home which is in poor condition. She will use the loan to... More from Maria Neris'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.

About Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

Tags

About Nicaragua

  • $3,636
    Average annual income
  • 125
    View loans »
    Nicaragua Loans Fundraising
  • $23,830,900
    Funds lent in using Kiva
  • 25.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Maria Neris cement blocks, purlins (c-beams), sand, cement, and also to pay for labor.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 16, 2014
Listed
Jun 22, 2014
Currency Exchange Loss:
Possible
Ended:
Jan 30, 2015