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Gustavo Alejandro
Mr. Gustavo Mejia is the father of two small children, who he must support and provide a good home to. The problem he has had for a number of years is that his home is not in good condition because it’s been affected by the weather. This could be unsafe for his children. He is requesting this loan in order to buy construction materials to improve his home for the well being of his children and the rest of his family.
View original language description ↓

El caballero Gustavo M. es padre de dos pequeños niños a los cuales debe de mantener y proporcionarle las condiciones necesarias para su desarrollo brindándoles una vivienda digna donde puedan habitar.

El problema que por varios años ha atravesado es que su vivienda no está en buenas condiciones porque ha sido afectada por los fenómenos climatológicos y esto se puede convertir en un peligro para sus hijos así que solicita el crédito para invertirlo en la compra de los materiales de construcción y así mejorar su vivienda para el bienestar de sus hijos y el resto de su familia.

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 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.

About Nicaragua

  • $4,800
    Average annual income
  • 122
    View loans »
    Nicaragua Loans Fundraising
  • $24,546,650
    Funds lent in using Kiva
  • 20.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Gustavo Alejandro buy Construction Material.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 22, 2009
Listed
Nov 10, 2009
Currency Exchange Loss:
Covered
Ended:
Oct 20, 2010