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Alfredo
Alfredo Gregorio lives in the city of Managua and works as a potable water bill collector for the city of Managua. He has two school age children in his care.

Alfredo is requesting a loan because he needs to pay for his son’s graduation costs. Another part of the loan will be used to remodel his kitchen because he feels it needs quite a few improvements. Alfredo Gregorio thanks Ceprodel since this is the second loan he’s had with the institution and thanks to it he’s been able to improve his family’s living conditions.
View original language description ↓
Don Alfredo Gregorio vive en la cuidad de Managua trabaja cono cobrador del servicio de agua potable en la cuidad de Managua.Casado tiene dos hijos a su cargo uno en edad escolar

Alfredo solicita un crédito ya que necesita hacer gastos de egreso escolar de su hijo.
Y la otra parte del crédito lo utilizara en la remodelación de su cocina que considera tiene que hacerles algunas mejoras.
El señor Alfredo Gregorio agradece a ceprodel ya que esta seria el segundo crédito trabajado con la institución y gracias a eso ha podido mejorar la condición de vida de 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 Nicaragua

  • $3,636
    Average annual income
  • 85
    View loans »
    Nicaragua Loans Fundraising
  • $23,717,225
    Funds lent in using Kiva
  • 24.1
    Nicaragua Cordobas (NIO) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $875 helped Alfredo to buy building materials.
99% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 20, 2012
Listed
Dec 10, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 18, 2014