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Carlos Eduardo
Carlos Eduardo C. M. is 42 years old and works as a custodian at Oriental de Managua market. He has 5 children, 3 of whom are in school. He is married and has worked with CEPRODEL for 8 years. At this point in time he has invested 10 loans in the improvement of his home, thanks to financing by CEPRODEL. He is an excellent client.

The requested loan will be used to buy construction materials such as iron sheets, beams, and manual labor, which will be used to remodel the roof of his house. This will provide better security and quality of life for his children.

Carlos said that the loans given by CEPRODEL have helped him improve his house a lot, and now his children and wife feel safer.
View original language description ↓
El Señor Carlos Eduardo C. M., tiene la edad de 42 años. El Labora como encargado de la limpieza (Higienista) en el Mercado Oriental de Managua, el tiene Cinco hijos a su cargo, tres de ellos se encuentran en edad escolar, esta Casado, ha trabajado créditos con CEPRODEL durante Ocho años, en este periodo de tiempo ha invertido 10 créditos en el mejoramiento de la vivienda en la que habita, gracias a los financiamientos otorgados por CEPRODEL, el es un cliente excelente.
El crédito solicitado es para invertir en la compra de materiales de construcción como: Zinc, Perlines, y mano de obra. El cual utilizara para la remodelación del techo de su casa de habitación, con el objetivo de Brindarles mayor seguridad y una mejor condición de vida a sus hijos.
Carlos dijo que los préstamos otorgados por ceprodel le han ayudado mucho en el mejoramiento de su casa de habitación y que ahora sus hijos al igual que su esposa están mas seguros.

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
  • 41
    View loans »
    Nicaragua Loans Fundraising
  • $26,366,175
    Funds lent in using Kiva
  • 20.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Carlos Eduardo improvement and expansion of home.
100% repaid
Repayment Term
24 months (Additional Information)
Repayment Schedule
Dec 21, 2009
Jan 16, 2010
Currency Exchange Loss:
Jul 24, 2011