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Domingo Orlando
Señor Domingo lives in the city of Managua. He is a humble and very hard-working person. He has worked in the cleaning area of a shopping center in the capital for 30 years.

Señor Domingo is applying to Kiva for a loan to change the roof of his home, which he finds necessary with the coming of winter, so that the rainwater does not come into his house.

He also declares that he feels very grateful because thanks to the loans that CEPRODEL has offered him, he has improved his house to give better living conditions to his family.
View original language description ↓
El señor domingo vive en la cuidad de Managua es una persona humilde muy trabajadora trabaja en un centro de compra de la capital desde hace 30 años en el área de limpieza.

El señor domingo está solicitando a kiva un crédito para hacer el cambio de techo de su vivienda que con la venida del invierno considera necesario para que no se le pase el agua de lluvia a su casa.

A la vez manifiesta sentirse muy agradecido porque gracias a los créditos que ceprodel le ha otorgado ha mejorado su casa para darle mejor condiciones de vida a 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

  • $3,636
    Average annual income
  • 174
    View loans »
    Nicaragua Loans Fundraising
  • $23,195,750
    Funds lent in using Kiva
  • 24.8
    Nicaragua Cordobas (NIO) = $1 USD
Expired
A loan of $625 helped Domingo Orlando to buy construction materials.
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jun 24, 2013
Listed
Jun 13, 2013
Currency Exchange Loss:
Possible
Expired:
Jul 13, 2013