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Silvio Benito
Silvio is an electrician; a typical work day for him is very agitated and risky. This is his first loan with Ceprodel.

He will use the funds for home improvements in order to provide his family with better living conditions.

It is worth noting that Mr. M. also rents rooms to students to earn additional income.
View original language description ↓
El señor Silvio se dedica a las labores de electricista, en donde un dia de trabajo para él es bien agitado y de riesgo. Es su primero crédito con Ceprodel.

El crédito que ha solicitado es para la mejora de su casa en donde les brindara mejores condiciones de vida a su familia.

Cabe señalar que el señor M. también ofrece servicios de alquiler de cuartos a estudiantes lo que le permitara obtener mejores ganancias.

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
  • 77
    View loans »
    Nicaragua Loans Fundraising
  • $25,406,150
    Funds lent in using Kiva
  • 21.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Silvio Benito to buy building materials and supplies.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jan 29, 2010
Mar 1, 2010
Currency Exchange Loss:
Feb 15, 2011