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Jennifer
Mrs Jennifer B. O. is requesting a third loan with us. The money will be used to purchase construction materials such as sand. cement and iron. She says that the loans that she has had with Ceprodel have been of great help to her, through them she has been able to complete all her projects such as provide a decent home for her family.
View original language description ↓
La Sra. Jennifer B. O. es el cuarto crédito con nosotros el dinero lo solicita para compra de materiales de construcción como arena cemento y hierro, dice que los créditos que ha tenido con Ceprodel le han ayudado mucho ya que ha podido lograr todos sus proyectos como de tener un techo digno para su familia. .

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 Nicaragua

  • $3,636
    Average annual income
  • 171
    View loans »
    Nicaragua Loans Fundraising
  • $23,230,250
    Funds lent in using Kiva
  • 21.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Jennifer purchase sand and gravel and pay labor costs.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 16, 2010
Listed
May 1, 2010
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2011