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José Emilio
In the city of Somotillo in sector I of the Guasaule region, José Emilio O. C. is involved in the development of diverse activities such as the sale of food and flooring. He is also a master builder. He began his business when he established his home in Guasaule. At first he didn’t sell much, but with the passage of time his business increased and improved for him and his wife, who also helps administer it. They work from 10:00 a.m. until 8:00 p.m. every day of the week.

The loan applied for will be used for the repair of the kitchen in his house, which is in a bad state and which is vital for the business which generates the greatest portion of his earnings.

View original language description ↓
En el municipio de somotillo, sector l guasaule el señor José Emilio O. C., se dedica al desarrollo de diversas actividades como son la venta de comida, soldadura y como maestro de obras, el empezó su negocio cuando estableció su vivienda en el guasaule quien en este momento no vendía grandes cantidades, sin embargo al ser reconocido y al pasar el tiempo este fue creciendo y mejorando para ellos ya que es administrado también por su esposa, ellos trabajan de 10 am a 8 pm todos los días de la semana.
El crédito solicitado será empleado para la reparación de la cocina de su casa puesto que esta en mal estado y es una parte fundamental para su actividad la cual le genera la mayor parte de sus ingresos.

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
  • 90
    View loans »
    Nicaragua Loans Fundraising
  • $24,770,775
    Funds lent in using Kiva
  • 21.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped José Emilio to purchase cement, concrete blocks, sand, steel, etc.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Feb 5, 2010
Mar 1, 2010
Currency Exchange Loss:
Jul 15, 2011