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Juan Carlos
Mr. Juan Carlos lives in Managua and works at a company in the area of accounting

He has visited our office to request a loan because he needs money to purchase construction materials such as metal roofing to improve his living conditions. Also, part of the money received from CEPRODEL he will use to buy medicines for his son.


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View original language description ↓

El señor juan carlos vive en la cuidad de Managua trabaja en una empresa en el área de contabilidad.

El señor visito nuestra oficina para solicitar un crédito ya que necesita el dinero para la compra de materiales de construcción como zinc perlines para mejorar sus condiciones de vida.
Pero también una parte del dinero que CEPRODEL le financie lo utilizara en la compra de medicamento para su hijo.
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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
  • 124
    View loans »
    Nicaragua Loans Fundraising
  • $24,036,450
    Funds lent in using Kiva
  • 24.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Juan Carlos to purchase construction materials such as blocks and cement and to purchase medicine.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 20, 2012
Listed
Dec 7, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014