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Melania Josefa
Melania Josefa works in the Franza zone and has been making vehicle harnesses for three years. Her schedule varies based on her shift. Given her low salary, she is asking for a loan to build a bathroom in her home because she doesn’t have one now. This will provide her and her family with a better quality of life.
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LA SRA MELANIA JOSEFA LABORA EN UNA ZONA FRANZA LA CUAL SE DEDICA A LA PRODUCCION DE ARNESES PARA VEHICULOSDESDE HACE 3 AÑOS SU HORARIO LABORAL VARIA SEGUN EL TURNO QUE LE DESIGNEN, DEBIDO A SU BAJO SALARIO ESTA SOLICITANDO UN PRESTAMO PARA LA CONTRUCCION DE SERVICIO SANITARIO Y UN BAÑO EN SU CASA DE HABITACION YA QUE ACTUALMENTE NO LO TIENE,DANDOLE A SU FAMILIA UN MEJOR NIVEL DE VIDA PARA ELLA Y 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 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
  • 82
    View loans »
    Nicaragua Loans Fundraising
  • $23,715,900
    Funds lent in using Kiva
  • 26.0
    Nicaragua Cordobas (NIO) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $400 helped Melania Josefa to build a bathroom in her home.
41% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 18, 2014
Listed
Jul 1, 2014
Currency Exchange Loss:
Possible