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Luisa Amanda
Luisa Amanda C. V. is a caretaker at the Manuel Olivares Rodriguez Institute in Managua. She is a single mother with three school-age children. Luisa has been working with CEPRODEL for a year. Thanks to CEPRODEL funding, she has been able to invest in some home improvements.

This new loan will help Luisa afford building materials like zinc and shingles, which she can use to repair her roof. The point of all this is to provide her children with more security and a higher standard of living. Luisa says the loan will help her improve the quality of her home.
View original language description ↓
La Señora Luisa Amanda C. Velásquez, Labora como conserje en el Instituto Manuel Olivares Rodríguez de Managua, ella tiene tres hijos a su cargo, y estos se encuentran en edad escolar, es madre soltera, ha trabajado un crédito con CEPRODEL durante un años, en este periodo de tiempo ha invertido un crédito en la mejoramiento de la vivienda en la que habita, gracias al financiamiento otorgados por CEPRODEL.

El crédito solicitado es para invertir en la compra de materiales de construcción como, zinc y perlines para cambiar el techo de su casa de habitación ya que las que este se encontraba en mal estado..
Todo esto con el objetivo de Brindarles mayor seguridad y una mejor condición de vida a sus hijos.
Luisa dijo que los préstamos otorgados han sido para el mejoramiento de su vivienda.

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
  • $23,461,725
    Funds lent in using Kiva
  • 20.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Luisa Amanda home repairs and renovation.
100% repaid
Repayment Term
19 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 23, 2010
Listed
Apr 1, 2010
Currency Exchange Loss:
Covered
Ended:
Aug 19, 2011