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Cenelia  Elizabeth

Update on Cenelia Elizabeth

Cenelia is a woman "concerned with the education for all" as a primary education teacher. She is in a civil union and has one child for whom she provides the necessary support for their development. Currently, she has a need to legalize her property. For this, she visited Ceprodel to receive a benefit and achieve her desired goal to have better living conditions.
View original language description ↓
Cenelia es una señora `Preocupada por la enseñanza de los demás, maestra de educación primaria vive en unión libre con un hijo al que le brinda el apoyo necesario para su desarrollo, actualmente tiene la necesidad de legalizar su propiedad, por eso visito a ceprodel para ser beneficiada y lograr el objetivo deseado para tener mejores condiciones de vida

Previous Loan Details

Cenelia is an elementary school teacher. She has been working in said activity for 18 years. Her family is comprised of a daughter, who goes to the local school, and her husband. They have the responsibility of giving her the conditions needed for her development. This lady urgently needs t... More from Cenelia Elizabeth'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 Nicaragua

  • $4,800
    Average annual income
  • 103
    View loans »
    Nicaragua Loans Fundraising
  • $24,739,175
    Funds lent in using Kiva
  • 26.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Cenelia Elizabeth with property legalization expenses.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 10, 2014
Listed
Jul 13, 2014
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2014