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El Señor Ernesto S. Gutiérrez works as a security guard in the Mercado Oriental of Managua. He has five children in his care, and three of them are school age. He is married. He has had nine loans from CEPRODEL during nine years; during these years, thanks to financing by CEPRODEL, he invested the loans in the improvement of his residence. He is an excellent customer.
The requested loan will be used to purchase construction materials such as roofing materials, corrugated metal roofing, paint, and nails for the roof of his house. The roof was in poor condition and leaked during the winter.
The objective of all this is to give better security and living conditions to his children.
Ernesto said that loans granted had been used to improve his residence.
View original language description ↓
El Señor Ernesto S. Gutiérrez, labora como vigilante de seguridad en el Mercado Oriental de Managua, el tiene cinco hijos a su cargo y tres de ellos se encuentran en edad escolar, esta Casado, ha trabajado nueve créditos con CEPRODEL durante nueve años, en este periodo de tiempo ha invertido dos créditos en la mejoramiento de la vivienda en la que habita, gracias al financiamiento otorgados por CEPRODEL, el es un cliente excelente.
El crédito solicitado es para invertir en la compra de materiales de construcción como: perlines, zinc, pintura y clavos pare el techo de su casa de habitación por lo que anteriormente este se encontraba en mal estado y esto hacia que el agua se metiera en su casa de habitación en invierno.
Todo esto con el objetivo de Brindarles mayor seguridad y una mejor condición de vida a sus hijos.

Ernesto dijo que los préstamos otorgados han sido para el mejoramiento de su vivienda.

Additional Information


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.

About Nicaragua

  • $4,800
    Average annual income
  • 82
    View loans »
    Nicaragua Loans Fundraising
  • $25,445,225
    Funds lent in using Kiva
  • 21.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Ernesto home Improvement.
100% repaid
Repayment Term
19 months (Additional Information)
Repayment Schedule
Feb 9, 2010
Mar 1, 2010
Currency Exchange Loss:
Jul 15, 2011