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Luis Felipe
Luis Felipe G. has worked as an internal security guard for a water supply and sewerage company for the past 5 years. He is 39 years old, married, and completed the second year of high school. He is responsible for supporting his family and has four dependents, two of whom are minors. He lives in the city of Managua, in San Rafael neighborhood. He has lived there for 38 years.

This is the first loan Luis Felipe has requested from CEPRODEL. He hopes to pay the loan back in full and on time so that he can continue accessing more loans in the future and, thereby, continue to improve his home little by little so that he has a good patrimony to leave his children.
View original language description ↓
Don Luis Felipe G., es trabajador de una Empresa de Acueductos y Alcantarillado desde hace 5 años desempeñando el cargo de Agente de Seguridad Interna.

Es casado, de 39 años de edad, con segundo año de la secundaria aprobado, es el responsable de mantener una familia, don de dependen de el 4 personas, y dos de estas son menores de edad. El vive en la ciudad de Managua en el Reparto San Rafael, ya tiene 38 años de vivie en este lugar.

Este es el primer crédito que solicita a CEPRODEL, espera pagar en tiempo y forma para poder seguir accediendo a más créditos y de esta forma ir mejorando su casa poco a poco. Pra heredarles un buen patrimonio para sus hijos.

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
  • 124
    View loans »
    Nicaragua Loans Fundraising
  • $24,544,375
    Funds lent in using Kiva
  • 22.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Luis Felipe home improvements.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 24, 2011
Listed
Jan 27, 2011
Currency Exchange Loss:
Covered
Ended:
Nov 8, 2012