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Silvio
Silvio lives in the city of Managua. He is married and has been working in the maintenance area of a shopping center in the capital city for over 20 years.

Silvio, who is very responsible in his work, is requesting a loan to expand his house to improve living conditions.

He is very grateful for Kiva and Ceprodel for the loans he has received and used to renovate his house little by little.
View original language description ↓
El señor Silvio vive en la cuidad de Managua casado trabaja en el área de mantenimiento en un centro de compra de la capital desde hace 20 años.

Muy responsable en sus tarea laborales, Silvio está solicitando un crédito para hacerles un anexo en su casa para mejorar las condiciones de su vivienda.

Agradece mucho a kiva y ceprodel por que los créditos que le han otorgado los ha utilizado para mejorar poco a poco su casa

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
  • 120
    View loans »
    Nicaragua Loans Fundraising
  • $24,042,425
    Funds lent in using Kiva
  • 24.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Silvio to buy construction materials such as cement, blocks, and sand.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 4, 2013
Listed
May 2, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014