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Eduardo Alberto
Eduardo Alberto works hard for a firm in the city of Managua; he’s married and has two small children that he has to provide necessary conditions to for their growth and development.

One of his current needs is to improve his house enlarging one of the bedrooms so he’s decided to start a home improvement project. Because of this he’s called upon Ceprodel to request a loan to buy building materials and supplies like zinc metal sheeting, sand, cement, and paving stones to start this room enlargement home improvement. Through this work he’ll provide his children and his wife with better living conditions.

It’s important to point out that through this project he will provide his family with a proper home with all necessary conditions to live in.
View original language description ↓

En la ciudad de Managua el señor Eduardo Alberto se dedica laborar en una empresa de esta cuidad .es casado y con dos pequeño hijos a las que tiene que proporcionarles las condiciones necesarias para que se desarrollen.
Una de las necesidades que el señor atraviesa hoy en día es que debe mejorar las condiciones de su vivienda y unas de las necesidades principales es la ampliación de un cuarto de su vivienda por lo que ha tomado la decisión de iniciar la obra de mejora. es por este motivo que acude a ceprodel para solicitar un crédito para la compra de materiales de construcción como zinc, arena, cemento piedra cantera, para iniciar la mejora de la vivienda realizando la ampliación de esta .por medio de esta obra brindara mejores condiciones de vida a sus hijos y esposa .
Es importante destacar que por medio de la realización de esta obra le proporciona a su familia un techo digno donde vivir y con todas las condiciones necesarias

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
  • 127
    View loans »
    Nicaragua Loans Fundraising
  • $24,035,950
    Funds lent in using Kiva
  • 22.6
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $675 helped Eduardo Alberto to buy building materials and supplies.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 12, 2011
Listed
Sep 9, 2011
Currency Exchange Loss:
Possible
Ended:
Jan 19, 2013