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Ricardo José
Ricardo José lives in Managua, Nicaragua. He works as a cashier in a public university. He is a hard-working person who has four children; two of whom still live at home. He has had a secure job for eight years.

He came to the CEPRODEL office to ask for a loan to be able to buy construction materials such as cinder blocks, sand and cement to build another room in his house to give his family a better standard of life.

He is hoping for Ceprodel's support as this loan will really help him to expand his house
View original language description ↓
Don Ricardo José vive en Managua Nicaragua, actualmente labora como cajero en una universidad del estado, es una persona trabajadora, tiene cuatro hijos dos de ellos están bajo su cargo, tiene estabilidad laboral desde hace ocho años.

Visito la oficina de CEPRODEL para solicitar un crédito y poder comprar materiales de construcción tales como bloque, arena, cemento, para construir en su vivienda un cuarto para darle a su familia mejor condición de vida.

Con este financiamiento le servirá de mucha ayuda para hacer una ampliación en su casa y esperando el apoyo de ceprodel.

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
  • 90
    View loans »
    Nicaragua Loans Fundraising
  • $24,770,775
    Funds lent in using Kiva
  • 24.1
    Nicaragua Cordobas (NIO) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $625 helped Ricardo José to buy construction materials.
99% repaid
Repayment Term
22 months (Additional Information)
Repayment Schedule
Nov 20, 2012
Dec 6, 2012
Currency Exchange Loss:
Jul 18, 2014