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Pedro Alfonzo
Pedro Alfonzo has been the owner of a business in one of the markets in the City of León for 12 years. He opens for business at 5:00 in the morning and doesn't close until 5:00 p.m. He works to provide for his home, as he is the father of three children. Don Pedro is seeking this credit with Ceprodel to buy concrete blocks, cement, gravel, stone, zinc, and galvanized steel to build a kitchen for his modest home and thus improve his family's quality of life. Pedro's dream is to maintain his well-established business and continue improving his home, little by little.
View original language description ↓
El señor Pedro Alfonzo, es propietario de un negocio en uno de los mercados de la Ciudad de León desde hace doce años, inicia a ofertar sus productos a su clientela desde las 5:00 am finalizando a las 5:00 pm el realiza este trabajo para llevar el sustento a su hogar es padre de tres hijas.

Don Pedro solicito este crédito a Ceprodel para la compra de bloque, cemento, arena, piedrín zinc, y perline para construcción de una cocina en su humilde vivienda, así tener un mejor nivel de vida junto a su familia.

El sueño de Pedro es mantener su negocio bien establecido, y continuar mejorando su vivienda poco a poco.

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
  • 179
    View loans »
    Nicaragua Loans Fundraising
  • $23,197,500
    Funds lent in using Kiva
  • 27.2
    Nicaragua Cordobas (NIO) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $750 helped Pedro Alfonzo to buy concrete blocks, cement, gravel, stone, zinc, and galvanized steel.
69% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 25, 2014
Listed
Apr 27, 2014
Currency Exchange Loss:
Possible