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Nohemy Del Carmen
Young Nohemy M. works as a teacher in a small school in the municipality of Somotillo where she also lives. She’s very committed to the wellbeing of her family and she has started to rebuild her one bedroom house making small improvements.

In order to carry out this works it is important to note that this is not a small investment, but it takes a lot of money purchase construction materials and work labor. For that reason, she went to Ceprodel to obtain a loan to purchase construction materials and be able to improve her monetary situation and her families’.
View original language description ↓

La joven Nohemy M. se desempeña como maestra en un pequeño colegio del municipio de Somotillo donde reside. Ella está comprometida con el bienestar de su familia y para ello ha iniciado a reconstruir su casa de habitación mejorando las condiciones de esta.

Para llevar a cabo esta obra es importante destacar que no es poca inversión sino que debe invertir mucho dinero en la compra de los materiales de construcción y en la mano de obra. Por este motivo es que ella ha acudido a Ceprodel para obtener un crédito para la compra de los materiales de construcción y de esta manera salir adelante siempre mejorando su situación económica y la de su familia.

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
  • 90
    View loans »
    Nicaragua Loans Fundraising
  • $24,741,875
    Funds lent in using Kiva
  • 20.2
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Nohemy Del Carmen purchase construction materials.
100% repaid
Repayment Term
19 months (Additional Information)
Repayment Schedule
Mar 18, 2009
Apr 7, 2009
Currency Exchange Loss:
Jun 15, 2010