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Benita Ramona
View original language description ↓
In the Villanueva municipal in Chinandega, Benita Ramon R. works hard with the intent purpose of improving the living conditions which have been devastated by natural disasters.

It is out of necessity that she has begun reconstructing her house, but she lacks the economic resources to complete the work, and she has had to stop for the time being. For this reason she is requesting a loan from Ceprodel to obtain credit to buy the necessary construction materials to continue reconstructing her home.

Translated from Spanish by Maggie Messerschmidt, Kiva volunteer.

En el municipio de Villanueva de la ciudad de Chinandega, la señora Benita Ramona R. se dedica a trabajar fuertemente con el fin único de mejorar las condiciones de su vivienda que ha estado muy maltratada debido a los fenómenos naturales que la han azotado.

Es necesario destacar que ella había iniciado a reconstruir su casa de habitación pero al no contar con el recurso económico se vio en la obligación de detener la obra. Por este motivo es que hoy en día ha acudido a Ceprodel para obtener el crédito para la compra de los materiales de construcción para continuar con la reconstrucción de su vivienda de habitación.

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
  • 94
    View loans »
    Nicaragua Loans Fundraising
  • $24,742,900
    Funds lent in using Kiva
  • 19.2
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Benita Ramona construction materials.
100% repaid
Repayment Term
22 months (Additional Information)
Repayment Schedule
Jun 26, 2008
Jun 2, 2008
Currency Exchange Loss:
Jan 15, 2010