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Pedro Joaquín
Pedro Joaquín works as a plumber’s helper in a state institution in the municipality of Managua; he’s had the job for seven years. He’s single and has four people in his care.

Pedro Joaquín has called on Ceprodel to request a home improvement loan to buy building materials and supplies like cinder blocks, cement and sand and to pay labor costs to erect a wall at home to provide his family with better living conditions.
View original language description ↓
En municipio de Managua, el señor Pedro Joaquín se dedica a laborar como ayudante fontanero en una institución del estado, dedicándose a esta labor desde hace siete años. Es soltero y con cuatro personas a su cargo.

El señor Pedro Joaquín ha acudido a ceprodel con el fin de solicitar un crédito para mejorar la condición de su vivienda en la compra de materiales de construcción tale como bloque, cemento, arena, y pago de mano de obra, para levantar muro en su vivienda, por medio de esta obra brindarle mejor condición de vida a su familia.

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
  • 132
    View loans »
    Nicaragua Loans Fundraising
  • $24,053,975
    Funds lent in using Kiva
  • 22.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Pedro Joaquín to buy building materials and supplies.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 13, 2011
Listed
Nov 3, 2011
Currency Exchange Loss:
Possible
Ended:
Dec 25, 2012