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Reyna Del Socorro
Mrs. Reyna works as a teacher at the National Independent University of Nicaragua. She has a school-age daughter under her care. She is single. She has had loans with CEPRODEL over the past two years. During this time she has used one loan to improve her home. She is an excellent client.
With the loan she is requesting she will invest in materials to replace the roof of her house and to pay for construction workers. She would like to provide a better quality of life for her daughter.
Reyna said that, thanks to the loans that she has been given through CEPRODEL, she has been able to improve her home.
View original language description ↓
La señora Reyna del Socorro D., Labora como Maestra en la Universidad Nacional Autónoma de Nicaragua, ella tiene a su cargo una hija, este se encuentran en edad escolar, es soltero, ha trabajado créditos con CEPRODEL durante dos años, en ese lapso ha invertido 1 crédito en la mejora de las condiciones de su vivienda otorgados por CEPRODEL, el es una excelente Cliente.

El crédito solicitado es para invertir en la compra de materiales para la remodelación del techo de la vivienda y el pago de la mano obra, para darle una mejor condición de vida a su hija.

Reyna dijo que gracias a los préstamos obtenidos por ceprodel ha logrado mejorar su casa de habitación

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
  • 119
    View loans »
    Nicaragua Loans Fundraising
  • $24,405,100
    Funds lent in using Kiva
  • 20.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Reyna Del Socorro to improve her home and enlarge it.
100% repaid
Repayment Term
25 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 28, 2009
Listed
Jan 14, 2010
Currency Exchange Loss:
Covered
Ended:
Nov 1, 2011