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Ramon Enrique
MR. C. WORKS AS A TELEPHONE TECHNICIAN. HE IS SINGLE WITH FIVE DEPENDANTS. THIS IS HIS FIRST LOAN FROM CEPRODEL, AND HE NEEDS IT TO INVEST IN HOME IMPROVEMENTS - TO BUILD A KITCHEN, TO BUY SAND, BLOCKS, CEMENT, IRON, A BRACE, AND TO PAY FOR LABOUR. HE IS GRATEFUL FOR THE SUPPORT THIS INSTITUTION IS OFFERING HIM.
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EL SEÑOR C. LABORA COMO TECNICO EN TELEFONIA, ES SOLTERO ,TIENE CINCO PERSONA A SU CARGO, ES EL PRIMER CREDITO QUE CEPRODEL LE OTORGA,LO NECESITA PARA INVERTIRLO EN MEJORA DE SU VIVIENDA EN CONSTRUIR UN COCINA, EN COMPRA DE ARENA, BLOQUE, CEMENTO, HIERRO,ESTRIBO, EL PAGO DE LA MANO DE OBRA, AGRADECE EL APOYO QUE ESTA INSTITUCION LE BRIND

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
  • 70
    View loans »
    Nicaragua Loans Fundraising
  • $23,505,525
    Funds lent in using Kiva
  • 22.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Ramon Enrique to improve his home and purchase building materials.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 9, 2011
Listed
Apr 4, 2011
Currency Exchange Loss:
Covered
Ended:
Sep 28, 2012