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Paulina Maribel
Mrs. I. Álvarez is a dressmaker and lives in the city of Viejo. She is going to use the loan to improve her home and to repair her house’s roof.

This is her seventh loan that she has had with the institution and she has repaid all others on time. Mrs. I. Álvarez is very pleased with all the loans she has had with CEPRODEL. They have offered lots of help with her dressmaking as well as her family life.

View original language description ↓
La Sra. I. Álvarez es modista y habita en el Municipio del Viejo.
Ella va a utilizar el credito para mejorar su vivienda y Reparar lo que es el techo de la casa donde habita.

Este es el séptimo credito que tiene con la institución los cuales todos los ha cancelado muy bien en tiempo y forma.
La Sra. I. manifiesta sentirse muy contenta con todos los créditos que ha tenido con CEPRODEL, ya que le han servido de mucha ayuda tanto para mejorar en su servicio de modesta como su vida familiar.

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 Nicaragua

  • $4,800
    Average annual income
  • 71
    View loans »
    Nicaragua Loans Fundraising
  • $25,049,000
    Funds lent in using Kiva
  • 21.6
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Paulina Maribel repair and improvement of the home( to buy zinc sheeting).
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Sep 3, 2010
Oct 6, 2010
Currency Exchange Loss:
Sep 28, 2011