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José Armando
José Armando is a native of the beautiful city of Matagalpa. He is married and has a son of school age. José is characterized as a person of good values and morals with the mission and vision of giving a better life to his family.

He has now worked for more than six years for a water and sewer service business, where he is an equipment operator. The income that he obtains from his work goes to support the household expenses and the education of his son.

With the loan that he is applying for, José is going to invest in the purchase of construction materials such as sand, cement, and bricks, since he is enlarging his home
View original language description ↓
José Armando es originario de la linda ciudad de Matagalpa es casado y tiene un hijo en edad escolar. José se caracteriza por ser una persona de buenos valores morales con la misión y visión de darle una mejor vida a su familia.
Actualmente es trabajador de una empresa de servicio de acueducto y alcantarillado desde hace más de seis años desempeñándose como operador de equipo. Con los ingresos que obtiene en su trabajo lo aporta para él los gastos del hogar y para la educación de su hijo.

Con el financiamiento que solita José tiene destinado invertirlo en la compra de materiales de construcción tales como arena, cemento y ladrillo ya que está realizando ampliación en 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
  • 62
    View loans »
    Nicaragua Loans Fundraising
  • $25,382,700
    Funds lent in using Kiva
  • 24.4
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped José Armando to buy construction materials: bricks, sand, and cement.
100% repaid
Repayment Term
16 months (Additional Information)
Repayment Schedule
Jan 28, 2013
Feb 22, 2013
Currency Exchange Loss:
Apr 16, 2014