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Edelma Azucena
Mrs R. works as a beauty instructor. She is married and has three children in her care. This is the ninth loan that Ceprodel have granted her. She is grateful for the opportunity that the institution has given her.

Mrs R. will use this loan to buy construction supplies such as sand, cement, blocks, iron, brace and nails, and to pay labor costs, so that she can have a porch built on her home.
View original language description ↓

LA SEÑORA R. LABORA COMO INSTRUCTORA DE BELEZA ,ES CASADA ,TIENE TRES HIJOS A SU CARGO,ES LE NOVENO CREDITO QUE CEPRODEL LE OTORGA, AGRADECE LA OPORTUNIDAD A ESTA INSTITUCION POR BRINDALE ESTE DESEMBOLSO QUE SERA UTILIZADO PARA COMPRA DE MATERIALES DE CONSTRUCCION COMO ARENA, CEMENTO, BLOQUE, HIERRO,ESTRIBO, CLAVO,MANO DE OBRA PARA HACER PORCHE 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
  • 125
    View loans »
    Nicaragua Loans Fundraising
  • $24,581,200
    Funds lent in using Kiva
  • 22.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $925 helped Edelma Azucena to buy construction supplies to improve her home.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 8, 2011
Listed
Apr 4, 2011
Currency Exchange Loss:
Covered
Ended:
May 9, 2012