Check out other loans that are currently fundraising!
Reynaldo Francisco
Reynaldo G. is an employee of Alcaldia de Managua (Managua City Hall). He is responsible for general services. He is married and has two people in his care. He is requesting this loan for housing improvements, purchasing iron, gravel, and cement. He is grateful to Kiva partner Ceprodel for its unconditional support and help for carrying out his project.
View original language description ↓
El señor Reynaldo G. es trabajador de ALCALDIA DE MANAGUA labora como responsable de servicios generales es casado tiene dos personas a su cargo solicita crédito para mejoras de vivienda, compra de hierro, piedrín, cemento. Agradece a CEPRODEL por su apoyo incondicional y apoyo para realizar su obra.

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
  • 62
    View loans »
    Nicaragua Loans Fundraising
  • $23,418,850
    Funds lent in using Kiva
  • 21.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $925 helped Reynaldo Francisco housing improvements.
100% repaid
Repayment Term
22 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 29, 2010
Listed
Dec 1, 2010
Currency Exchange Loss:
Covered
Ended:
Aug 27, 2012