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Fernando Antonio
Fernando Antonio P. H. works as a collector for COMMEMA [the Municipal Organization of Managua Markets] in the West Market. He is the father of a family with four children, two of which are school-age. He is requesting this loan to buy electrical materials for his home.
View original language description ↓
FERNANDO ANTONIO P. H., Trabaja como Colector en Commema en el Mercado Oriental.
es padre de familia de cuatro hijos y dos de ellos se encuentran en edad escolar. el prestamos solicitado es para la compra de materiales electricos para su casa de habitacion.

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
  • 128
    View loans »
    Nicaragua Loans Fundraising
  • $23,810,675
    Funds lent in using Kiva
  • 21.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Fernando Antonio to re-do the electrical system in his home.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 21, 2010
Listed
Dec 1, 2010
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2011