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Lennin Alexander
Lennin is an enterprising young man who always stands out for the improvement of his business or workplace. His is by profession an assistant accountant, and he likes to put into practice his acquired knowledge by keeping his company in order and for four years he has worked doing the same.

Now he is requesting a small loan for the construction of his home and he will use it to buy bricks, sand, cement, gravel, roof purlins, zinc, doors, windows, and manual labor. Therefore, he is grateful to Ceprodel for the timely support to realize his dreams; this way he will improve his conditions and standard of living.
View original language description ↓
Lennin es un joven emprendedor que siempre se ha destacado por la mejoría de su empresa o centro de trabajo, de profesión Auxiliar de Contabilidad y le gusta poner en práctica los conocimientos adquiridos manteniendo en orden su empresa y durante cuatro años ha laborado en la misma.

Actualmente está solicitando un pequeño financiamiento, para la construcción de su vivienda, y lo utilizara para compra de ladrillos, arena, cemento, piedrín, perlines, zinc, puertas, ventanas, y mano de obra por lo tanto le agradece a ceprodel por el apoyo oportuno para realizar sus sueños, de esa manera mejorar las condiciones y nivel de vida.

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.

Tags

About Nicaragua

  • $4,800
    Average annual income
  • 133
    View loans »
    Nicaragua Loans Fundraising
  • $24,576,775
    Funds lent in using Kiva
  • 24.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Lennin Alexander to buy brick, sand, cement, gravel, roof purlins, zinc, doors, windows, and manual labor.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 24, 2013
Listed
Jun 12, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2014