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Álvaro Antonio
Álvaro lives in the city of Managua, Nicaragua; his nuclear family consists of three people. He currently works for a firm in Managua as a well operator and has been on the job for 15 years. He’s asking for a home-improvement loan to provide more comfort for his family. He wants to buy tile and cement to install tile in his house. He hopes this loan will be granted because he wants to improve his family’s living conditions.
View original language description ↓
El señor Álvaro vive en la cuidad de Managua Nicaragua, su núcleo familiar esta compuesto por tres personas.

Actualmente trabaja en una empresa de Managua desempeñándose como operador de pozo, con una estabilidad laboral de 15 años.

Alvaro solicita un crédito para mejorar su vivienda y así bridarle mas comodidad a su familia.

La inversión que don Álvaro quiere hacer es compra de cerámica y cemento para la instalación de cerámica en su vivienda.
Espera le sea otorgado el préstamo por que quiere mejorar las condiciones de vida para su familia

Additional Information

More information about this loan

This loan is part of CEPRODEL's program to lend to individuals who suffer from work-related health problems.  These individuals are frequently rejected for loans by microfinance institutions due to poor health and low income. CEPRODEL is offering loans to these clients and their families for a range of purposes, including working capital to help them start or grow small businesses. For borrowers starting new businesses, CEPRODEL waives its requirement that recipients have over one year of experience in the field. Given the relatively higher risk of lending to these borrowers, CEPRODEL would not be able to offer these loans without the flexible, risk-tolerant capital provided by Kiva lenders.

Please note that the faces of CEPRODEL borrowers may be blurred in an effort to avoid safety risks and to maintain their privacy.


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
  • $25,399,500
    Funds lent in using Kiva
  • 24.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Álvaro Antonio to buy tile and cement.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Nov 20, 2012
Dec 7, 2012
Currency Exchange Loss:
Apr 16, 2014