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Adolfo Francisco
Señor Adolfo lives in the city of Managua. He works as a driver for a state company.

Don Adolfo is known for being a responsible person. He is requesting a loan in order to purchase construction materials for work on a wall in his home.

Don Adolfo is grateful for the financing resource, as the loans he has previously received have served to improve his and his family's quality of life.
View original language description ↓
El señor Adolfo vive en la cuida de Managua trabaja en como conductor en una empresa del estado.

Se caracteriza por ser una persona responsable esta solicitando un crédito para la compra de materiales construcción de una pared de su vivienda.

Don Adolfo agradece a la fuentes de financiamiento ya que los crédito obtenido anteriormente le ha servido para mejorar sus condiciones de vida para él y 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

  • $4,800
    Average annual income
  • 90
    View loans »
    Nicaragua Loans Fundraising
  • $24,770,775
    Funds lent in using Kiva
  • 25.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Adolfo Francisco to purchase construction materials.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 16, 2013
Listed
Jun 3, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 18, 2014