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Marlon Jose
Marlon Jose J. B. works as a driver at the National Engineering Univerity. He is the father of a family with two children, one of which is school-age. He has worked with CEPRODEL to receive four loans, which have all been used to make home improvements. He is requesting this loan to buy construction materials to build a room onto his house.
View original language description ↓
MARLON JOSE J. B., Trabajo como Conductor de la Universidad Nacional de Ingeniería. ES padre de familia de dos hijos y uno se encuentra en edad escolar, ha trabajado cuatro prestamo con ceprodel y estos han sido pra el mejoramiento de su vivienda.
el prestamo solicitado es para la compra de materiales de construccion para construir un cuarto en 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
  • 116
    View loans »
    Nicaragua Loans Fundraising
  • $24,398,000
    Funds lent in using Kiva
  • 21.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Marlon Jose to make home improvements; to build a room.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 28, 2010
Listed
Dec 1, 2010
Currency Exchange Loss:
Covered
Ended:
Feb 21, 2012