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Alberto Jose
Sr. Alberto T. works as a security guard. He is married and has one dependent. This is the first loan he has received from CEPRODEL. He is grateful for the support that the Institution has provided.


This loan will be used to repay the debt he accumulated as a result of his mother’s funeral expenses.

View original language description ↓
EL SEÑOR T. LABORA COMO AGENTE DE SEGURIDAD, ES ACOMPAÑADO, TIENE UNA PERSONA A SU CARGO, ES LE PRIMER CREDITO QUE CEPRODEL LE OTORGA, AGRADECE EL APOYO QUE LE BRINDA ESTA INSTITUCION, CON ESTE DESEMBOLSO VA A PODER CANCELAR DEUDA QUE UTILIZO PARA GASTOS FUNEBRE DE SU MAMA.


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 Nicaragua

  • $4,800
    Average annual income
  • 96
    View loans »
    Nicaragua Loans Fundraising
  • $24,742,900
    Funds lent in using Kiva
  • 22.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Alberto Jose to pay for his mother's funeral expenses.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 9, 2011
Listed
Apr 4, 2011
Currency Exchange Loss:
Covered
Ended:
Jun 2, 2012