Check out some available loans that are similar to this one!
José Manuel
Sr. José Manuel G. E. is actively employed with a private business that provides hotel services in the town of San Rafael del Sur. He has worked as a baker for this business for seven years. José Manuel is in a relationship and currently has two school age children.


He has received four loans from CEPRODEL and each one was used to buy construction materials such as sand, cement, stone, gravel, blocks, and other items to expand and improve his home. The loans from CEPRODEL have been a great benefit since they have enabled him to improve the living conditions for himself and his family.

View original language description ↓
El Sr. José Manuel G. E. es trabajador activo de una empresa privada que brinda servicio de hotelería en el municipio de san Rafael del sur desempeñándose como Panadero tiene siete años de trabajar para esta institución es Acompañado actualmente, tiene dos hijos en edad escolar. Ha tenido cuatro créditos con CEPRODEL y cada uno los ha realizado para la compra de materiales de construcción como Arena, Cemento, Piedra, Piedrín, Bloques etc. Para ampliar y mejorar su casa de habitación, los cuales los créditos con ceprodel le ha beneficiado en gran manera ya que de esta manera el ha mejorado su condición de vida de él y su familia.

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
  • 102
    View loans »
    Nicaragua Loans Fundraising
  • $24,738,450
    Funds lent in using Kiva
  • 22.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped José Manuel purchase construction materials for home improvements.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 16, 2011
Listed
Apr 1, 2011
Currency Exchange Loss:
Covered
Ended:
Apr 29, 2012