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Sergio Enrique
Sergio is from Managua and works as a security agent. He is the father of a family with four children, three of whom are in school.

Sergio came to the offices of CEPRODEL to request a new loan for improving his home. He will invest in purchasing construction materials such as cement, sand, and blocks to finish constructing his house of residence.

Sergio says that thanks to the financing received from CEPRODEL he has been able to improve his house.
View original language description ↓

SERGIO ENRIQUE A. G., ES DE MANAGUA, TRABAJACOMO AGENTE DE SEGURIDAD, ES PADRE DE FAMILIA DE CUATRO HIJOS Y TRES DE ELLOS ESTAN EN EL COLEGIO.
DON SERGIO ACUDE A LAS OFICINAS DE CEPRODEL PARA SOLICITAR UN NUEVO PRESTAMO PARA EL MEJORAMIENTO DE SU VIVIENDA PARA INVERTIR EN LA COMPRA DE MATERIALES DE CONSTRUCCION COMO: CEMENTO, ARENA, BLOQUES PARA TERMINAR DE CONSTRUIR SU CASA DE HABITACION.
SERGIO DICE QUE GRACIAS A LOS FINANCIAMIENTOS OTORGADOS POR CEPRODEL HA VENIDO MEJORANDO SU CASA.

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
  • 119
    View loans »
    Nicaragua Loans Fundraising
  • $24,043,075
    Funds lent in using Kiva
  • 22.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $925 helped Sergio Enrique bUYING CONSTRUCTION MATERIALS TO FINISH HIS HOME.
100% repaid
Repayment Term
24 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 22, 2011
Listed
Mar 3, 2011
Currency Exchange Loss:
Covered
Ended:
Jan 19, 2013