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Silvia Del Carmen .
In the Germán Pomares neighborhood, part of the Somotillo Municipality, Mrs. B. G. works as a an coordinator of the plan to help poor children from the west of Nicaragua.

She would like the loan in order to buy 15 bags of cement and 7 hundred-weight of iron. These will be used to build a bedroom in her home and in this way improve the living conditions for her family.
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En el barrio Germán Pomares Municipio de Somotillo
La señora B. G. realiza su trabajo como promotora del plan de ayuda alos niños pobres de occidente de Nicaragua
Ella quiere el crédito para la compra de 15 bolsas de cemento Y 7 quintales de hierro para la construcción de un cuarto en su casa de habitación y de esta manera mejorar sus condiciones de vida y la de 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 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
  • 127
    View loans »
    Nicaragua Loans Fundraising
  • $23,814,675
    Funds lent in using Kiva
  • 21.2
    Nicaragua Cordobas (NIO) = $1 USD
Expired
A loan of $525 helped Silvia Del Carmen . to buy 15 bags of cement and 7 hundred-weight of iron for the construction of a new room in her home.
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 25, 2010
Listed
May 1, 2010
Currency Exchange Loss:
Covered
Expired:
May 31, 2010