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Carlos Fidel
Carlos Fidel lives in the city of Managua where he works at a shopping center in the cleaning department.

This young man is very determined to get ahead because he both works and studies. He lives with his parents and is requesting a loan to build another room. He must buy construction materials such as cement and blocks and hire workers.

He claims he wants to improve his parents' living conditions and also wants to thank Kiva for this opportunity.
View original language description ↓
El joven Carlos Fidel vive en la cuidad de Managua trabaja en el área de limpieza en un centro de compra de la capital.

Es un joven con muchos deseo de salir adelante ya que trabaja y está estudiando vive en la casa de sus padres
Carlos solicita un crédito para invertirlo en la construcción de un cuarto de habitación y necesita comprar materiales de construcción como cemento, bloque, y pago de mano de obra.

Según el esto lo hace con el fin de mejorar las condiciones de vida de sus padre y la del el mismo agradeciendo mucho a kiva por este beneficio para el bienestar de 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 Nicaragua

  • $3,636
    Average annual income
  • 115
    View loans »
    Nicaragua Loans Fundraising
  • $23,803,650
    Funds lent in using Kiva
  • 24.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Carlos Fidel to buy construction materials such as blocks, sand, iron and cement.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 21, 2013
Listed
Jun 12, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 18, 2014