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Inelda
Mrs. Inelda E. is a high school teacher in the E. High School located in San Pablo. She has been working with Ceprodel for four years. She is requesting a loan to pay for construction materials like sand and cement, and for labor in order to enlarge her home. She is married and has three school-aged children. This expansion is necessary since her house is very small and her children have grown and need to have their own privacy.
View original language description ↓
La Sra. Inelda E. es profesora de secundaria trabaja en el colegio los E. ubicado en san pablo ella tiene cuatro años de trabajar con Ceprodel solicita el crédito para compra de materiales de construcción arena cemento y mano de obra, para ampliar su casa, es casada tiene tres hijos todos en edad escolar, este aumento lo necesita hacer ya que su casa es muy pequeña y los niños han crecido y necesitan tener su propia privacidad.


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
  • 150
    View loans »
    Nicaragua Loans Fundraising
  • $23,157,725
    Funds lent in using Kiva
  • 20.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Inelda to buy sand, cement blocks, and pay for labor.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 21, 2010
Listed
Feb 1, 2010
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2011