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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
  • 175
    View loans »
    Nicaragua Loans Fundraising
  • $23,211,000
    Funds lent in using Kiva
  • 21.4
    Nicaragua Cordobas (NIO) = $1 USD
Refunded
A loan of $725 helped this borrower sale of various products, such as basic grains, sodas, candy, etc.
Repayment Term
4 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jul 14, 2010
Listed
Jul 20, 2010
Currency Exchange Loss:
Covered
Refunded:
Oct 7, 2010