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Jose Luis
Jose Luis has been working as a mechanic for more than 25 years at a public institution.

Now he is requesting this loan in order to do improvements to his home such as building a bedroom and replacing the roof, purchasing construction materials such as tiles, wood, plastic sheeting and other supplies.

This loan benefits him by allowing him to improve the lives of his family members.
View original language description ↓
El Sr. Jose Luis trabaja como mecanico desde hace mas de 25 años a una institucion publica, actualmente solicito este credito para realizar mejoras en su casa de habitacion como es el dormitorio y techo realizando compra de materiales de construccion como tejas, madera, plastico y otros, con este credito lo viene a beneficiar en darle mejoras de vidas 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.

Tags

About Nicaragua

  • $3,636
    Average annual income
  • 161
    View loans »
    Nicaragua Loans Fundraising
  • $23,195,750
    Funds lent in using Kiva
  • 25.7
    Nicaragua Cordobas (NIO) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $800 helped Jose Luis to buy sheet metal roofing, cement and other materials.
45% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 16, 2014
Listed
Jun 11, 2014
Currency Exchange Loss:
Possible