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Jose Freddy
José Freddy A. works as a collector at the Wholesale Market of Managua. He is married and has two dependent children who are in school. José Freddy has received five loans with CEPRODEL over a five year period and invested the proceeds in making improvements to his home.

The loan he is requesting will be used to buy construction materials such as sand, cement, iron, and stone to build a room for his two children. His goal is to provide greater security and better living conditions for his children.

View original language description ↓
José Freddy A., quien Labora como Colector de Ruta en el Mercado Mayoreo de Managua, el tiene dos hijos a su cargo, y estos se encuentra en edad escolar, es casado, ha trabajado cinco crédito con CEPRODEL durante cinco año, en este periodo de tiempo ha invertido los crédito en la mejoramiento de la vivienda en la que habita, gracias al financiamiento otorgados por CEPRODEL.
El crédito solicitado es para invertir en la compra de materiales de construcción como: arena, cemento, hierro y piedra para la construcción de un cuarto para sus dos hijos.
Todo esto con el objetivo de Brindarles mayor seguridad y una mejor condición de vida a sus hijos.

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 $975 helped Jose Freddy purchase sand, cement, iron, and stone to build a room for his two children.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Mar 9, 2010
May 1, 2010
Currency Exchange Loss:
Aug 15, 2011