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Luis Javier
R. C. has worked as a well operator for the company ENACAL, in the town of Masaya, in Masaya department, for 11 years. He has four people in his immediate family, including three dependent children.

This gentleman has approached CEPRODEL's offices to request a loan so that he can improve his home. He is certain that carrying out this work on his home will improve his family's well-being since, in the winter season, water won't enter his house and his family will be protected.
View original language description ↓
El señor Luis R. labora en el Municipio de Masaya, del Departamento de Masaya como Operador de Pozo desde hace 11 años, posee un núcleo familiar de 4 personas en el que se encuentran tres menores de edad.
En estos momento se ha acercado a las oficinas de CEPRODEL a solicitar un crédito para realizar mejoramiento de su vivienda.

Es importante destacar que el crédito será utilizado para la compra de los materiales de construcción para la mejora de su vivienda. Él está claro que al realizar estos cambios en su vivienda y así está contribuyendo al bienestar de su familia ya que en la época de invierno no se le filtrará el agua y estará protegida su familia.

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
  • 76
    View loans »
    Nicaragua Loans Fundraising
  • $25,413,450
    Funds lent in using Kiva
  • 22.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Luis Javier to improve his home.
100% repaid
Repayment Term
23 months (Additional Information)
Repayment Schedule
Jan 31, 2011
Mar 3, 2011
Currency Exchange Loss:
Mar 15, 2013