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Concepcion is an exemplary gentleman. He is 52 years old, single, and works as a primary school teacher in the community where he lives. Concepcion has been in this profession for 26 years.

He came to the CEPRODEL office in order to request a loan for building a bedroom. The funds will be used to buy construction materials such as cement, bricks, iron, zinc, and sand, as well as pay for labor and transportation costs.

This improvement will make his home more comfortable, provide better conditions, and raise his standard of living. Concepcion is receiving his second loan since he has already demonstrated that he is a responsible individual with high morals.
View original language description ↓
Concepcion es un hombre ejemplar con 52 años de edad, es soltero y se desempeña como maestro de educacion primaia en una comunidad donde habita con 26 años de ejercer dicha profesion.
Actualmente este señor se presento a la oficina de Ceprodel para solicitar un financiamiento para la construccion de un dormitorio, dicho financiamiento lo utilizara en la compra de materiales de construccion tales como: cemento, ladrillo, hierro, zinc, arena , pago de mano de obra y transporte.
lo que vendria a mejorar su comodidad en su hogar y de esta manera tener mejores condiciones y nivel de vida, con este credito ya el segundo financiamiento que obtendria lo cual ha desmostrado ser un hombre responsable y con mucha moral.

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

  • $3,636
    Average annual income
  • 126
    View loans »
    Nicaragua Loans Fundraising
  • $24,053,975
    Funds lent in using Kiva
  • 26.1
    Nicaragua Cordobas (NIO) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $775 helped Concepcion to buy construction materials for building a bedroom and to pay for labor and transportation costs.
74% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Feb 21, 2014
Mar 21, 2014
Currency Exchange Loss: