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Larry Alberto
Larry Alberto works as a pipe fitter for a state institution in Managua; he has five years’ experience. He’s married and has two dependents. He’s responsible, hardworking with a spirit of self-improvement in all respects. He needs to improve his house since the floor is dirt. He requests a Ceprodel loan to buy building materials like tile and to pay labor costs. This will make it possible for him to improve his family’s standard of living. Larry Alberto’s dream is to have his house in good condition with the support that Ceprodel can provide.
View original language description ↓
El Señor Larry Alberto es trabajador de una institución del estado en Managua, donde se desempeña como ayudante Valvulero desde hace cinco años, es casado con dos persona a su cargo, responsable luchador con espíritu de superación en todo aspecto.
Necesita mejorar su hogar como es el piso ya que es de tierra.

El crédito que solicita a CEPRODEL lo utilizara para comprar materiales de construcción tales como cerámica boom y pago de mano de obra.
Esto permitirá mejorar el nivel de vida para su familia.

Los sueños de Don Larry Alberto es ver su casita bien acondicionada con el apoyo que Ceprodel le pueda brindarle.

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
  • 125
    View loans »
    Nicaragua Loans Fundraising
  • $24,053,975
    Funds lent in using Kiva
  • 24.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Larry Alberto to buy building supplies and pay labor costs.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 20, 2012
Listed
Dec 6, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 18, 2014