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Álvaro  José
Álvaro Antonio S. is married and the father of two school-aged children.

Álvaro S. turns to Ceprodel to benefit from a loan that will allow him to buy construction materials to make improvements to his home. He needs to buy beams, sheets of zinc, paint and nails for the roof of his house, which is deteriorated and leaks in wintertime.

It’s worth mentioning that, since obtaining financing through Ceprodel, I have been able to improve the standard of living for my family.
View original language description ↓
El Sr. Álvaro Antonio S. casado y padre de familia de dos hijos los que se encuentran en edad escolar. Don Álvaro S. acude a ceprodel para ser beneficiado con un crédito que le permita comprar materiales de construcción para el mejoramiento de su vivienda ya que necesita comprar perlines, zinc, pintura y clavos para el techo de su casa el cual esta deteriorado y en invierno el agua penetra en su hogar.
Cabe mencionar que desde que ceprodel me ha estado financiando créditos e podido mejorar mis condiciones de vida para mi 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
  • 54
    View loans »
    Nicaragua Loans Fundraising
  • $26,258,500
    Funds lent in using Kiva
  • 20.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Álvaro José to purchase construction materials.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Nov 30, 2009
Dec 16, 2009
Currency Exchange Loss:
Jul 15, 2011