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Aricelda is a woman who spends most of her time surrounded by children, because her job allows this as she is an elementary school teacher. She has 20 years of teaching experience. She is married, and has no children in her care because her 2 daughters are already married.

Aricelda has an urgent need to improve her house by adding a room. This is why she approached CEPRODEL to request a loan to buy construction materials such as: corrugated aluminum roofing material, bricks, smooth and corrugated iron bars, beams, cement, and also to pay for labor. This will enable her to carry out her desired project and have better living conditions for her family.
View original language description ↓
Aricelda es una señora que la mayor parte de su tiempo lo pasa rodeada de niños ya que su profesión se lo permite siendo maestra de educación primaria con 20 años de servicio educativo, es casada, ya no tiene hijo a su cargo ya son casadas las 2 hijas dentro de su matrimonio.
Esta señora tiene una urgencia de mejorar su vivienda con la construcción de un cuarto, por eso visito ceprodel para solicitar financiamiento el que utilizaría en la Compra de materiales de construcción como: zinc, ladrillos, hierro corrugado, hierro liso, perlin, cemento y mano de obra.
El que le permitiría lograr su sueño deseado y tener mejores condiciones de vida familiar.

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
  • 103
    View loans »
    Nicaragua Loans Fundraising
  • $24,739,175
    Funds lent in using Kiva
  • 25.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Aricelda to buy construction materials and to pay for labor.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Nov 16, 2013
Dec 12, 2013
Currency Exchange Loss:
Oct 28, 2014