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Alba Nubia
Alba, a responsible worker, is a single mother who cares for her two children. This is her third loan with Ceprodel. She is grateful for the support that Ceprodel has given her and for the expenditures that she has been permitted to make. With this loan, Alba will buy building materials such as cement block, iron, sand, stirrups and labor in order to make improvements to her home.
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LA SEÑORA G. LABORA COMO RESPONSABLE DE UNIDAD ,ES SOLTERA ,TIENE DOS HIJOS A SU CARGO, ES EL TERCER CREDITO QUE CEPRODEL LE OTORGA, AGRADECE EL APOYO QUE LE HA BRINDADO ESTA INSTITUCION CON LOS DESEMBOLSO QUE LE HAN APROBADO , ESTE CREDITO LO NECESITA COMPRAR MATERIALES DE CONSTRUCCION COMO CEMENTO, BLOQUE, HIERRO,ARENA,ESTRIBO , MANO DE OBRA,PARA REPARAR PARTE DE SU VIVIENDA QUE SE ENCUENTRA EN MAL ESTADO..

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
  • 111
    View loans »
    Nicaragua Loans Fundraising
  • $24,828,400
    Funds lent in using Kiva
  • 22.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,150 helped Alba Nubia to purchase building materials.
100% repaid
Repayment Term
22 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 25, 2011
Listed
Apr 4, 2011
Currency Exchange Loss:
Covered
Ended:
Dec 17, 2012