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Jose Esteban
José works as a custodian in the Eastern Market in Managua. He is married and has three school aged children. He has had four loans through CEPRODEL over four years. He will use the money to make improvements to his home and will buy building materials such as cement, iron, and cinder blocks in order to build a wall in front of his house. He wants to provide greater security and better living conditions for his children.
View original language description ↓
José Estaban M. A., quien Labora como Higienista en el Mercado Oriental de Managua, el tiene tres hijos a su cargo, y estos se encuentra en edad escolar, es casado, ha trabajado cuatro crédito con CEPRODEL durante cuatro años, en este periodo de tiempo ha invertido los crédito en la mejoramiento de la vivienda en la que habita, gracias al financiamiento otorgados por CEPRDEL.
El crédito solicitado es para la compra de materiales de construcción como: cemento, hierro, bloques para la construcción de un muro en la parte delantera de su casa de habitación.
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
  • $25,409,250
    Funds lent in using Kiva
  • 21.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Jose Esteban building materials.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Mar 16, 2010
May 1, 2010
Currency Exchange Loss:
Sep 10, 2011