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Luis Manuel
Client Profile:

Luis Manuel’s single living in Valle Sebaco, a very pretty city that’s rich thanks to agriculture and animal husbandry. Luis is noted for being a responsible, hardworking person, that is to say, he has good moral and spiritual values.

He’s currently employed as a plumber by a firm located in the city. He states that he likes his work very much since it’s quite dynamic and every day he learns new things but above all because it’s his source of income to meet his personal and his family expenses.

He lives with his mother and a nephew. His mother is of low economic resources which is why Luis strives every day to be able to help his family. He’s asking Ceprodel for a home improvement loan. He already has some of the materials needed to do carry out the improvement but he must still specifically use the loan to buy metal sheeting, bricks and roof purlins as well as to pay labor costs. He feels grateful to Kiva and motivated by it for the trust placed in him and for helping him resolve since his salary alone doesn’t quite suffice to resolve the problem he has with his house.
View original language description ↓
Perfil del Cliente Luis Manuel es un joven de estado civil soltero habitante del valle Sebaco ciudad muy linda y rica por su producción agropecuaria. Luis se caracteriza por ser una personas trabajadora responsable o es decir que tiene buenos valore morales y espirituales.

Actualmente es trabajador de una empresa ubicada en su municipio desempeñándose como fontanero, el argumenta que le gusta mucho su trabajo ya que es bastante dinámico y que cada día va aprendiendo nuevas cosas y sobre todo que es la manera de ganar dinero para sustentar sus necesidades personales y la de su familia.

El convive con su mama y un sobrino, su madre es de bajo recursos económico y por tal razón es que Luis se esfuerza cada día para así poder ayudar a su familia. solicita a ceprodel un crédito para realizar mejoras en su vivienda el ya cuanta con cierto materiales necesario para la mejora pero específicamente lo que va comprar con el préstamo es zinc, ladrillo y perniles y el pago de la mano de obra.

se siente agradecido y motivado con kiva por confiar en él y por ayudarle a resolver, ya que solo con su salario se le hace difícil poder resolver el problema de su vivienda .

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
  • 126
    View loans »
    Nicaragua Loans Fundraising
  • $24,592,950
    Funds lent in using Kiva
  • 23.9
    Nicaragua Cordobas (NIO) = $1 USD
A loan of $850 helped Luis Manuel to buy building materials and supplies.
Repayment Term
13 months (Additional Information)
Repayment Schedule
Dec 20, 2012
Oct 31, 2012
Currency Exchange Loss:
Nov 30, 2012