Can't deny the need. This loan to a person in Nicaragua. It is a "higher risk" loan given very poor economic conditions there... but isn't that the idea?;
Auxiliadora Varela Huete is a janitor working for the maintenance department in the central library of the "Nacional Autonoma" university in Nicaragua. She has been working there for 24 years.
This is her first time loan with Ceprodel (Kiva Field Partner) and it will be used to cover schooling fees and to improve her home. She will purchase 500 construction blocks, 10 bags of cement, and 1 tub of paint, and construction beams.
http://www.kiva.org/lend/265932
Will report on how she does as I hear more. I wish her well and good fortune.
Cheers,
Michael
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