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Orelee Adora
Sra. Orelee B. is a single mother who is responsible for supporting her three young children and providing them with the necessary conditions for their development. She also wants to give them a decent home in which to live. Orelee is a hardworking woman who works at a high school teaching English to her students.


She needs to invest in her home because of its bad condition. For this reason, Orelee is requesting a loan to purchase construction materials that will be used to repair the roof and the floor. This will allow her to provide the necessary shelter for her little ones. Her home is located in the city of Managua.

View original language description ↓

La señora Orelee B. es madre soltera y con la responsabilidad de mantener a sus tres pequeños hijos brindándoles las condiciones necesarias para su desarrollo y brindándoles un techo digno donde habitar. Ella es una persona muy trabajadora ya que labora en un colegio impartiendo clases de ingles a los alumnos.

Ella atraviesa la necesidad de invertir en su vivienda porque ha estado en malas condiciones y para esto es que ella solicita un crédito que le permita comprar los materiales de construcción para utilizarlos en el techo y el piso y de esta manera cubrir las necesidades de sus pequeños con referencia a su vivienda ubicada en la ciudad de Managua.

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
  • 62
    View loans »
    Nicaragua Loans Fundraising
  • $23,453,500
    Funds lent in using Kiva
  • 20.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Orelee Adora purchase construction materials for roof and floor repairs.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 28, 2009
Listed
Nov 13, 2009
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2011