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Carlos Ernesto
Carlos Ernesto lives in the city of Leon where he commutes from during the week to Managua where he works at a public services company. Carlos is requesting a from the financing sources Kiva and Ceprodel a credit to invest it in buying construction materials such as rocks, sand, and concrete to repairs some walls that are in poor condition and this way give his family more comfort as most of the time he is away from them because of his work and this will give his family more security.
View original language description ↓
Carlos Ernesto vive en la cuidad de león de donde se traslada semanalmente Asia Managua donde trabaja en una empresa de servicios público.
Carlos está solicitando a la fuente de financiamiento de kiva y ceprodel un crédito para invertirlo en la compra de materiales de construcción como piedra, arena, cemento para la reparación de una pares que tiene en mal estado y así darle mayor comodidad a su familia ya que la mayor parte del tiempo pasa alejado de su familia por las condiciones de su trabajo y esto le va dar mayor seguridad 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 Nicaragua

  • $3,636
    Average annual income
  • 123
    View loans »
    Nicaragua Loans Fundraising
  • $23,830,025
    Funds lent in using Kiva
  • 24.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Carlos Ernesto to buy construction materials.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 17, 2013
Listed
Sep 30, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 18, 2014