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Pedro Antonio
Pedro V. works arduously to bring well-being to his home and, because of this, has begun to reconstruct his house with the intention of offering his family the necessary conditions for development. It's important to emphasise and consider the difficult economic circumstances that he has gone through in undertaking the reconstruction of his house.


He hopes that the loan will be awarded shortly to begin the task and, in this way, acquire construction materials to reconstruct his house with a decent roof, where he can live together with his loved-ones.

View original language description ↓

El señor Pedro V. se dedica a laborar arduamente para llevar el bienestar a su casa de habitación y para ello ha iniciado a reconstruir su vivienda con el propósito de brindarle a su familia las condiciones necesarias para su desarrollo. Es importante destacar que a pesar de las difíciles circunstancias económicas que ha atravesado se ha comprometido en realizar esta reconstrucción de su casa de habitación.

Espera que su crédito sea otorgado de inmediato para iniciar la tarea y de esta manera adquirir los materiales de construcción para realizar la reconstrucción de su vivienda y así tener un techo digno donde habitar junto con sus seres queridos.

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

  • $3,636
    Average annual income
  • 74
    View loans »
    Nicaragua Loans Fundraising
  • $23,448,750
    Funds lent in using Kiva
  • 20.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Pedro Antonio to buy construction materials.
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 22, 2010