Check out some available loans that are similar to this one!
Luis Alberto
Señor Luis Alberto lives in the city of Managua, Nicaragua. He is a hard-working person who fights for his family's well-being and future. He is single and has worked as a dental hygienist for a state institution for three years.
He is requesting a loan from CEPRODEL for the purpose of repairing his home's roof, as it is in bad shape. He will use this loan to buy zinc and purlin beams, and to pay the labourers.
He will invest this loan in improving his home. He thanks Kiva and Ceprodel for whatever support they can provide, because this is the only way he can keep improving his home and give his family a better life.
View original language description ↓
El señor Luis Alberto vive en la ciudad de Managua Nicaragua, es una persona trabajadora que lucha por el bienestar y el futuro de su familia, es soltero y labora en una institución del estado desde hace tres años desempeñándose como higienista.

Esta solicitando crédito a CEPRODEL para poder reparar el techo de su casa que está en mal estado y este crédito lo utilizara en compra de cinc, perlin y pago de mano de obra.

este financiamiento lo invertirá en mejorar su vivienda y agradece a kiva a través de Ceprodel por el apoyo que le puedan brindar, porque solo así a podido ir acondicionando su vivienda dando mejor vida a 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
  • 171
    View loans »
    Nicaragua Loans Fundraising
  • $23,230,250
    Funds lent in using Kiva
  • 24.3
    Nicaragua Cordobas (NIO) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $700 helped Luis Alberto to buy construction materials.
99% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 22, 2013
Listed
Mar 6, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 18, 2014