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Geronima Migdalia
Señora Geronima has worked for a public school as a teacher for more than 15 years, teaching classes for children between 10 and 12 years old. Now she is asking for a loan to buy construction materials like bricks, cement, and iron for the construction of a bedroom to offer better living conditions for her family. She is grateful to Ceprodel and hopes they will be able to help provide the loan.
View original language description ↓
La Señora Geronima trabaja para una escuela publica como maestra desde hace mas de 15 años impartiendo clases en niños de 10 a 12 años, actualmente solicita un credito para la compra de materiales de construccion como ladrillos, cemento y hierro para la elaboracion de un dormitorio brindandole una mejor condicion de vida a su familia, se siente agradecida con ceprodel y espera le puedan apoyar facilitado el credito

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
  • 68
    View loans »
    Nicaragua Loans Fundraising
  • $25,383,750
    Funds lent in using Kiva
  • 24.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Geronima Migdalia to buy construction materials like bricks, iron, and other things.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
May 11, 2013
Jun 12, 2013
Currency Exchange Loss:
Jul 18, 2014