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Alvaro David
Alvaro David is a young entrepreneur, a person from El Sauce by birth and in his heart, and a very responsible father who puts his family first.

He graduated as a teacher of primary education because from early childhood, he wanted to offer classes and teach others to read and write, so that they could become respectable people.

Today, Alvaro David is director of a studies center located in an outlying area of the city, having been promoted to this responsible position after many years of performing good work.

Thanks to his own efforts, Alvaro David acquired a piece of land on the edge of this municipality where he began to construct his own house. He has been expanding it over a period of years.

For the purpose of constructing a room to provide better conditions for himself and his family, Alvaro David is soliciting a loan through Ceprodel to purchase bricks, cement, sand, zinc sheets, and rafters, and to pay construction workers.

He hopes and trusts in God that Kiva investors, through Ceprodel, will finance this loan so that he can achieve his objective. Alvaro David will remain eternally grateful for this unconditional help for people of scarce resources.
View original language description ↓
Álvaro David, es un joven emprendedor, Sauceño de nacimiento y de corazón, padre de familia muy responsable que lo primero para él es su familia.

Se graduó como maestro de educación primaria porque desde muy pequeño soñaba con dar clases y enseñar a los demás a leer y escribir para que sean personas de bien.

Hoy en la actualidad es el director de un centro de estudio ubicado en una comarca aledaña al municipio, ya que después de tantos años de ejercer un buen trabajo fue promovido para este cargo.

Gracias al esfuerzo propio adquirió un terreno a la orilla de dicho municipio donde empezó a construir su propia casa y la que ha ido ampliando a lo largo de los años.

Con el fin de construir un cuarto para tener mejores condiciones para él y su familia está solicitando un crédito en Ceprodel con el que piensa comprar ladrillos, cemento, arena, zinc, perlines y pago de mano de obra.

Espera y confía en Dios que los inversionistas de Kiva a través de Ceprodel le financien este crédito para lograr su objetivo donde quedará eternamente agradecido por este apoyo incondicional a las personas de escasos recursos.

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

  • $4,800
    Average annual income
  • 122
    View loans »
    Nicaragua Loans Fundraising
  • $24,546,650
    Funds lent in using Kiva
  • 24.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Alvaro David buy bricks, cement, sand, zinc sheets, and rafters, and to pay construction workers.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 15, 2013
Listed
May 3, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 18, 2014