Check out some available loans that are similar to this one!
Manuel De Jesús
Manuel de Jesús G. is a hard-working man. He is the principal of the “Instituto Nacional San Rafael del Sur” school. He has been a teacher for twenty-three years. He has had nine loans from CEPRODEL and each one has been used to buy building materials to extend and improve his house. The CEPRODEL loans have benefited him greatly since they have enabled him to improve his family's standard of living.
View original language description ↓
El Sr. Manuel de Jesús G. él es trabajador activo del colegio público “Instituto Nacional San Rafael del Sur” desempeñándose como director del colegio tiene veinte y tres año de trabajar como docente. Ha tenido nueve créditos con CEPRODEL y cada uno lo ha realizado para la compra de materiales de construcción para ampliar y mejorar su casa de habitación, los cuales los créditos con ceprodel le ha beneficiado en gran manera ya que de esta manera el 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 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
  • 101
    View loans »
    Nicaragua Loans Fundraising
  • $24,738,450
    Funds lent in using Kiva
  • 21.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Manuel De Jesús sand, cement, stone and gravel.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 22, 2010
Listed
Nov 4, 2010
Currency Exchange Loss:
Covered
Ended:
Dec 31, 2011