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Nelson Antonio
Nelson Antonio lives in Managua, Nicaragua. He's a responsible and enterprising young man for his young age and has good moral values. His family consists of his two children. Nelson has worked as a custodian in a state university for five years.

He visited CEPRODEL to request a loan to be able to buy construction materials such as cinder blocks, sand, and cement to build his house of concrete and give his family better living conditions.
View original language description ↓
El joven Nelson Antonio es habitante de Managua Nicaragua, es una persona responsable y emprendedora a su corta edad con buenos valores morales, tiene una familia compuesta de dos hijo. Nelson labora como conserje en una universidad del estado desde hace cinco años.

Visitó CEPRODEL para solicitar un crédito y poder comprar materiales de construcción tales como bloque, arena, cemento para construir su vivienda de concreto y darle a su familia mejor condición de vida.

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
  • 66
    View loans »
    Nicaragua Loans Fundraising
  • $23,659,150
    Funds lent in using Kiva
  • 24.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Nelson Antonio to buy construction materials.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 30, 2013
Listed
Feb 5, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 21, 2013