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Alba Luz
In the department of Managua, Mrs. Alba Luz C. works arduously as a janitor in a health supply centre. She has worked in this position for more than 10 years. She is the single mother of two children, to whom she wishes to provide them with favorable living conditions for them to grow.

One of the needs she faces today is the need to improve the conditions of their home. Their home is in a poor state and she finally decided to have the improvements made. For this reason she requests a loan from Ceprodel (Kiva Field Partner). She request s anew loan to purchase construction materials such as: sand, cement, construction rocks and iron. She will have two walls built in her home. With these improvements she will be able to provide her children with better living conditions.

It is important to mention that these improvements will allow her family to have a dignified home where to live.
View original language description ↓
EN EL DEPARTAMENTO DE MANAGUA LA SRA. ALBA LUZ C. SE DEDICA ARDUAMENTE A LABORAR COMO CONSERJE EN EL CENTRO DE INSUMO PARA LA SALUD, DEDICANDOSE A ESTA LABOR DESDE HACE MAS DE 10 AÑOS, ES MADRE SOLTERA DE DOS HIJOS A LOS QUE TIENE QUE PORPORCIONARLES LAS CONDICONES NECESARIAS PARA QUE SE DESARROLEN.
UNA DE LAS NECESIDADES QUE ELLA A TRAVIESA HOY EN DIA ES QUE DEBE MEJORAR LAS CONDICIONES DE SU VIVIENDA DEBIDO A QUE HA ESTADO EN MALAS CONDICIONES POR LO QUE HA TENIDO LA SABIA DECISION DE INICIAR LA OBRA DE MEJORA. ES POR ESE MOTIVO QUE ELLA A CUDE NUEVAMENTE A CEPORDEL PARA SOLICITAR UN CREDITO PARA LA COMPRA DE MATERIALES DE CONSTRUCCION COMO: ARENA, CEMENTO, PIEDRA Y HIERRO PARA INICIAR LA MEJORA DE SU VIVIENDA PARA EL LEVANTAMIENTO DE DOS PARDEDES DE SU CASA. POR MEDIO DE ESTA OBRA BRINDARA MEJORES CONDICIONES DE VIDA A SUS HIJOS.
ES IMPORTANTE DESTACAR QUE POR MEDIO DE ESTA OBRA LE PROPORCIONARA A SU FAMILIA A UNA VIVIENDA DIGNA DONDE VIVIR.

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
  • 111
    View loans »
    Nicaragua Loans Fundraising
  • $23,737,400
    Funds lent in using Kiva
  • 21.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,150 helped Alba Luz to purchase construction materials.
100% repaid
Repayment Term
22 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 27, 2010
Listed
Jan 17, 2011
Currency Exchange Loss:
Covered
Ended:
Oct 29, 2011