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Jesús Reynaldo
Jesús lives in the municipality of Managua. He is a hardworking, responsible, and enterprising man. With all of his responsibilities, he works in his moto-taxi every day from 6 A.M. until 7 P.M. He offers transportation services to people of the same community.

He is requesting this loan to invest in home reparation which will consist of reinforcing his walls and repairing his roof.

He will use this loan to buy construction materials such as sand, iron, cement, etc. so that he will be able to continue improving his and his family's standard of living.
View original language description ↓
El Señor Jesús Reynaldo vive en un municipio de Managua, es un hombre trabajador, emprendedor y responsable con sus obligaciones labora diario desde las seis de la mañana hasta las siete de la noche, los siete días de la semana en su moto-taxi, el cual ofrece servicio de transporte a los usuarios de la misma comunidad que lo solicitan.

Solicita el préstamo a esta institución para invertir en la reparación de su casa, lo cual será reforzamiento de paredes y reparación de techo.

este crédito lo invertirá en compra de materiales de construcción tales como arena, hierro, cemento cinz, para su vivienda de forma que esto le permitirá ir mejorando su condición de vida y la 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 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
  • 62
    View loans »
    Nicaragua Loans Fundraising
  • $23,478,675
    Funds lent in using Kiva
  • 24.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,050 helped Jesús Reynaldo to buy construction materials to improve his housing.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 12, 2013
Listed
Jan 21, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 18, 2014