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Félix Antonio
This borrower is currently employed as Pastry Chef in a tourist center located along the coast of Masachapa, and he has been working for this center for two years. He has two children who go to school. This is the second loan he has requested to this institution, and he will use it to buy construction materials to enlarge and improve his house.
View original language description ↓
Este cliente es trabajador activo de un centro turístico ubicado en las costas de masachapa, se desempeña como Chef Pastelero tiene dos años de trabajar para este centro, es padre de dos hijos en edad escolar. Con la institución es el crédito numero dos que solicita para la compra de materiales de construcción para ampliar y mejorar su casa de habitación.

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
  • 130
    View loans »
    Nicaragua Loans Fundraising
  • $24,580,100
    Funds lent in using Kiva
  • 22.4
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Félix Antonio to buy construction materials to enlarge and improve his house.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 10, 2011
Listed
Jul 10, 2011
Currency Exchange Loss:
Covered
Ended:
May 8, 2012