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Silvia Marcela
Silvia Marcela is from the city of Managua. She works hard so that she can give her family a better standard of living. She also works hard so that in the future her children will get ahead, become professionals, and be excellent workers.

She came to the Ceprodel office to request a loan in order to improve her home, which is in bad condition. She will use part of this loan to buy construction materials like sand, cement, blocks, iron, gravel, and to pay for the labor to put up a wall. She will use the other part to pay outstanding debts.
View original language description ↓
La señora Silvia Marcela de la ciudad de Managua es una persona trabajadora, para darle un mejor nivel de vida a su familia y así salir adelante para el futuro de sus hijos y que sean profesionales y ser unos excelentes trabajadores.
En esta oficina de Ceprodel se presentó la señora anteriormente mencionadaa solicitar crédito para mejorar su vivienda que se encuentra en mal estado, este crédito lo invertirá en compra de materialesde construccióncomo arena, cemento, bloques, hierro, piedrín y pagar mano de obra una parte y la otra en cancelar deudas pendiente, para levantar pared.

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
  • $25,413,450
    Funds lent in using Kiva
  • 22.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Silvia Marcela to pay off consolidated loans and to improve her house.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
May 25, 2011
May 31, 2011
Currency Exchange Loss:
Jan 17, 2012