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Yairon Ezequiel
Yairon G. L. works as a hygenist in the Mercado Mayoreo of Managua. He is raising four schoolaged children. He is married and has had 8 loans with CEPRODEL for the last 8 years. During that time he has invested the loans in the improvement of his housing, thanks to the financing granted by CEPRODEL.

The loan he is asking for is to purchase materials with which he going to change the whole construction system, such as: corrugated zinc, rods, and nails, since the roof is in poor condition. He is doing all of this to offer his children a better standard of living.
View original language description ↓
Yairon G. L., quien Labora como Higienista en el Mercado Mayoreo de Managua, el tiene cuatro hijos a su cargo, y estos se encuentra en edad escolar, es casado, ha trabajado ocho crédito con CEPRODEL durante ocho años, en este periodo de tiempo ha invertido los crédito en la mejoramiento de la vivienda en la que habita, gracias al financiamiento otorgados por CEPRDEL.
El crédito solicitado es para la compra de materiales de electricidad por lo que cambiara todo el sistema construcción como: zinc, perlines y clavos ya que el techo de su casa se encuentra e mal estado.
Todo esto con el objetivo de Brindarles mayor seguridad y una mejor condición de vida a sus hijos.


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

  • $4,800
    Average annual income
  • 103
    View loans »
    Nicaragua Loans Fundraising
  • $24,738,100
    Funds lent in using Kiva
  • 21.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Yairon Ezequiel tO IMPROVE AND ENLARGE HOUSING.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 16, 2010
Listed
May 1, 2010
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2011