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Enma Cristina
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Enma Cristina R. es from the municipal, Condega in the city of Esteli. Enma is working on her education at a small community college. She is the mother of a small child, and feels the need to give him every opportunity she can for his development. For this reason she decided to reconstruct her house to improve conditions for her son because of the simple reason that over time her house has been devastated by natural phenomena.



Since the initiation of the reconstruction of her house, she has felt the need to stop the work for a moment to obtain economic resources. With this motive, she is again looking to Ceprodel to obtain credit to buy construction materials. Thanks to this credit, Enma has advanced the reconstruction, and at the same time has acquired sofas to furnish her home. Her credit record is five credits.


Translated by Maggie Messerschmidt, Kiva volunteer.






La señora Enma Cristina R. es originaria del municipio de Condega en la ciudad de Estelí. Se dedica a la labor de docencia en un pequeño colegio de la comunidad. Actualmente es madre de un pequeño hijo con la necesidad de brindarle todas las condiciones necesarias para su desarrollo. Por esta razón es que ella decidió reconstruir su casa de habitación para dar mejores condiciones a su hijo por la sencilla razón de que a través del tiempo su casa había sufrido grandes daños por motivos de los fenómenos naturales.


Al haber iniciado en la reconstrucción de su vivienda se vio en la obligación de detener la obra por un momento para obtener el recurso económico. Por este motivo es que una vez mas hoy acude a Ceprodel para obtener el crédito para la compra de los materiales de construcción. Gracias a estos créditos ha avanzado su reconstrucción habiendo de igual manera adquirido sofás para amueblar su hogar. Actualmente su record crediticio es de cinco créditos.

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

  • $4,800
    Average annual income
  • 125
    View loans »
    Nicaragua Loans Fundraising
  • $24,553,900
    Funds lent in using Kiva
  • 19.2
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Enma Cristina construction Materials.
100% repaid
Repayment Term
22 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jul 9, 2008
Listed
Jun 2, 2008
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2010