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William Alonso
Wiliam is fifty-two years old and married with three children but only two currently depend on him as they are at school age.

William came to the offices of Ceprodel to request a loan to improve his home. This loan will be used to buy building materials to repair the roof of one of the rooms in his house since it is in bad shape. It will also be used to buy five meters of tiles to add to his bathroom.

This is all so that his family enjoys a better home.
View original language description ↓
William, tiene cincuenta y dos años de edad, es casado y con tres hijos pero solo dos dependen actualmente de el y estos se encuentran en edad escolar.
William acude a las oficinas de ceprodel para solicitar un préstamo para el mejoramiento de su vivienda, por lo que este préstamo será utilizado en la compra de materiales de construcción para reparar el techo de su casa de habitación ya que este se encuentra en mal estado y para la compra de cinco metros de cerámica para ponerle al baño.
Todo esto es para que su familia goce de mejores condiciones de una 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

  • $3,636
    Average annual income
  • 60
    View loans »
    Nicaragua Loans Fundraising
  • $23,441,425
    Funds lent in using Kiva
  • 22.6
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped William Alonso to buy building materials to improve the roof of his home and to buy five meters of tiles.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 27, 2011
Listed
Sep 9, 2011
Currency Exchange Loss:
Possible
Ended:
Dec 23, 2012