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Martha Lorena
Sra. Martha Lorena has been a public school teacher in a rural area for eight years. Her students are aged 10-12 years. Martha is grateful to Ceprodel for facilitating this loan as she will be able to make improvements to her home. She plans to buy construction material such as such as cement, bricks, timber, zinc sheeting and hire laborers to do the work.
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La Sra. Martha Lorena trabaja para una escuela publica en el municipio zona rural desde hace 8 años como profesora atendiendo a niños entre las edades de 10 - 12 años, actualmente agradece a ceprodel por haberle facilitado este credito para realizar mejoras en su casa de habitacion con la compra de materiales para constrccion como cemento,ladrillos, perlines, 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.

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About Nicaragua

  • $3,636
    Average annual income
  • 61
    View loans »
    Nicaragua Loans Fundraising
  • $23,441,425
    Funds lent in using Kiva
  • 25.8
    Nicaragua Cordobas (NIO) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $700 helped Martha Lorena buy construction material to repair her house.
46% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 10, 2014
Listed
Jun 20, 2014
Currency Exchange Loss:
Possible