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Edgard Alberto
Edgard Alberto lives in the city of Managua. He has been working as a local developer for a state-owned company for nine years.

Edgard Alberto visited our offices to request a loan that he would put together with some money he already has put aside to buy a plot of land. He is grateful to Ceprodel for the loan that they have given him as it will enable him to buy his plot of land.
View original language description ↓
El señor Edgard Alberto vive en la ciudad de Managua y se desempeña como promotor comunitario desde hace nueve año para una empresa del estado.

El señor visito nuestra instalación para solicitar un crédito para ya que necesitaba el crédito para completar el dinero para la compra de un terreno.
El señor agradece a ceprodel por el crédito que le dieron por que gracias a el va a poder hacer la compra de su terreno.

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
  • 89
    View loans »
    Nicaragua Loans Fundraising
  • $24,392,675
    Funds lent in using Kiva
  • 22.4
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Edgard Alberto to buy a plot of land.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 20, 2011
Listed
Jul 10, 2011
Currency Exchange Loss:
Covered
Ended:
Nov 30, 2012