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Mario Esteven
Mr. Mario Esteven C. T. is employed by a firm called “Walter Zamora Estrada” as a truck driver. He has been thus employed for four years. He has a school age son.

He has had two CEPRODEL loans that he used to buy building materials and supplies for home improvement. This loan will be used to buy vehicle engine replacement parts and to replace the roof on his house.

Ceprodel loans have been of great benefit for him in that they have improved his and his family’s living conditions.
View original language description ↓
El Sr. Mario Esteven C. T. el es trabajador de la empresa “Walter Zamora Estrada” desempeñándose como conductor de camión, tiene cuatro año de trabajarle a esta empresa, es acompañado actualmente, tiene un niño en edad escolar. Ha tenido dos créditos con CEPRODEL y los ha realizado para compra de materiales de construcción y mejorar su casa de habitación y este crédito lo está solicitando para la compra de repuestos para el motor de un carro y cambiarle el techo a su casa de habitación los cuales los créditos con ceprodel le han beneficiado en gran manera ya que de esa manera él ha mejorado su condición de vida de él y 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
  • 106
    View loans »
    Nicaragua Loans Fundraising
  • $23,737,400
    Funds lent in using Kiva
  • 21.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Mario Esteven for mototaxi replacement parts and to buy zinc metal sheeting and tubing.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 26, 2010
Listed
Oct 2, 2010
Currency Exchange Loss:
Covered
Ended:
Oct 8, 2011