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Julio Cesar
Mr. G. is an accounting analyst. He is married and he has five people in his care. This is the first loan he accesses from Ceprodel (Kiva Field Partner) and he is thankful for the opportunity that is given to him. He will purchase gates and hire someone to install them, to create a wall for his house.
View original language description ↓
El Sr G. labora como analista contable es casado tiene cinco personas a su cargo, es el primer del crédito que CEPRODEL le otorga, agradece la oportunidad que le brindan con este desembolso, para comprar verja, portón y mano de obra, para muro de su vivienda.

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
  • 95
    View loans »
    Nicaragua Loans Fundraising
  • $24,749,225
    Funds lent in using Kiva
  • 22.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $925 helped Julio Cesar to make some home improvements.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 1, 2011
Listed
Mar 3, 2011
Currency Exchange Loss:
Covered
Ended:
Nov 8, 2012