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Saida Alejandra
Saida was the director of a health center in her community until last year when she retired. Now, she is in need of making improvements to her home and building a new room. For this reason, she visited the Ceprodel offices to solicit a loan to use in the purchase of construction materials such as a latrine, lumber, nails, doors, cement, sand, corrugated iron, tie wire, smooth iron and labor. This will allow her to improve the condition of her home and her quality of life. She is very thankful to Ceprodel for the loan opportunity and the support they have given her to improve the condition of her home.
View original language description ↓
Saida , esta señora fue la directora de un centro de salud de la localidad hasta el año pasado, actualmente esta jubilada , esta señora presenta una necesidad de mejorar su vivienda, de construir un cuarto, por eso se presento a las oficinas de ceprodel para solicitar un financiamiento para utilizar en la compra de materiales de construcción tales como letrina, madera, clavos, puertas, cemento, arena, hierro corrugado, alambre de amarre, hierro liso y mano de obra de esa manera mejorar las condiciones y nivel de vida. Y agradeciéndole a ceprodel por el crédito oportuno y por el apoyo para mejorar sus condiciones de sus vivienda.

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
  • 121
    View loans »
    Nicaragua Loans Fundraising
  • $24,405,475
    Funds lent in using Kiva
  • 25.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Saida Alejandra purchase a latrine, lumber, nails, doors, cement, sand, smooth iron and pay for labor.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 16, 2013
Listed
Aug 10, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014