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Jeanette Del Socorro
Jeanette del Socorro has worked for a public school in her municipality for 25 years. She works as a teacher for children between the ages of 11 and 13. Currently, she is grateful to Ceprodel for having facilitated this loan. She will use it to carry out limited repairs to the house where she lives. The loan will allow her to buy materials for a construction project in the bedroom, including cement, bricks, and corrugated metal, and to pay for labor.
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La Sra. Jeanette del Socorro trabaja para una escuela publica en el municipio desde hace 25 años como profesora atendiendo a niños entre las edades de 11 - 13 años, actualmente agradece a ceprodel por haberle facilitado este credito para realizar reparaciones menores en su casa de habitacion facilitando la compra de materiales para constrccion en el dormitorio como cemento,ladrillos, zinc y mano de obra

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.

Tags

About Nicaragua

  • $3,636
    Average annual income
  • 70
    View loans »
    Nicaragua Loans Fundraising
  • $23,505,525
    Funds lent in using Kiva
  • 25.8
    Nicaragua Cordobas (NIO) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $775 helped Jeanette Del Socorro to repair her home.
45% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 10, 2014
Listed
Jun 20, 2014
Currency Exchange Loss:
Possible