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Yasmina Del Socorro
El Sauce is located 90 kilometers from León Department. It’s a pretty town surrounded by beautiful nature. Most of the clients are merchants and some provide services to various institutions. The beautiful Lord of Miracles Sanctuary is located here and it receives annual pilgrimages in its honor coming from various Nicaraguan cities.

Yasmina owns her house in El Sauce and she’s currently working as an elementary school teacher in a local school. She comments that she got her house thanks to Kiva and Ceprodel loans and the reason why she’s asking for a new loan is to install the floor in her house.

The loan will be used to buy sand, bricks and cement and to pay labor costs. She’s aware that Kiva and Ceprodel help this type of person with these needs so she hopes that she will continue to get help with loans because they have made it possible for her and her family to live in better conditions.
View original language description ↓
El Sauce está ubicado a 90 km del departamento de León, es un Lindo pueblo rodeado de una naturaleza bella, donde la mayoría de los clientes se dedican al comercio, y otros a brindarle servicio a diferentes instituciones.
Cuenta con un bello santuario señor de los milagros, donde año con año obtiene visitas de diferentes ciudades de Nicaragua en honor a este santuario.

La Señora Yasmina tiene su propia vivienda en el municipio del Sauce actualmente es una que brinda su servicio en un centro de enseñanza como profesora de educación primaria, donde ella comenta que su vivienda la ha obtenido a través de crédito con Kiva y Ceprodel y es por eso que está solicitando nuevamente crédito para la construcción del piso de su casa de habitación.

El crédito será invertido en la compra de arena, cemento Ladrillo y pago de mano de obra. Está consciente que Kiva y Ceprodel ayuda a este tipo de personas con estas necesidades por lo que espera que se le siga ayudando con crédito ya que esto ha permitido vivir en mejores condiciones con 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
  • 144
    View loans »
    Nicaragua Loans Fundraising
  • $24,094,200
    Funds lent in using Kiva
  • 23.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Yasmina Del Socorro to buy cement, sand and to pay labor costs.
100% repaid
Repayment Term
16 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 11, 2012
Listed
Oct 16, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 18, 2014