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Luis Antonio
Luis Antonio, forty years old, is originally from the department of Nueva Guinea, but he currently lives in a neighborhood of Managua. For the last five years, he has worked for the state as a guard. He is married, and is responsible for the four people living under his care.

All his life he has dreamed of having a dignified home that has all of the necessary amenities to give his family a better life. For this reason, he is asking the Kiva investors, through Ceprodel, for a loan that will allow him to plaster the walls of this home. He will purchase concrete and sand, and pay for labor. He has faith in God that these kindhearted investors will approve his request, letting him carry out his project.
View original language description ↓
El señor Luis Antonio de cuarenta año es originario del departamento de nueva guinea, pero actualmente vive en un barrio de Managua, labora para el estado como vigilante desde hace cinco año, es una persona casada con una responsabilidad de cuatro persona bajo su cargo.

Toda su vida ha soñado con tener una vivienda digna que tenga todas las condiciones adecuadas para darle un mejor nivel de vida a su familia. Por tal razón esta solicitando un crédito a los inversionistas de Kiva para que a través de Ceprodel le otorgue un crédito para repellar pared de dicha vivienda con el que piensa comprar cemento, arena y pago de mano de obra. Tiene la fé en Dios que estos inversionistas de buen corazón le aprueben su solicitud para llevar a cabo su inversión.

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
  • 62
    View loans »
    Nicaragua Loans Fundraising
  • $23,453,500
    Funds lent in using Kiva
  • 24.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Luis Antonio purchase goods and labor to plaster the walls of his home.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 21, 2013
Listed
Jun 11, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 18, 2014