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Fernando Jose
Sr. Fernando José P. R. is in charge of maintenance for the Manuel Olivares Rodríguez Institute in Managua. He is married and has two dependent children attending school. Fernando has been working with CEPRODEL for the past three years. During this time, he has received three home improvement loans.

The loan he is now requesting will be used to buy construction materials, such as zinc and crossbeams, to replace part of the roof of his house since it is bad condition. His objective is to provide greater security and better living conditions for his children. Fernando thanks CEPRODEL for providing the loans that make it possible for him to improve his home.

View original language description ↓
El Señor Fernando José P. R., Labora como Responsable de Mantenimiento del Instituto Manuel Olivares Rodríguez de Managua, ella tiene dos hijos a su cargo, y esto se encuentra en edad escolar, esta casada, ha trabajado créditos con CEPRODEL durante tres años, en este periodo de tiempo ha invertido tres créditos en la mejoramiento de la vivienda en la que habita, gracias a los financiamiento otorgados por CEPRODEL.

El crédito solicitado es para invertir en la compra de materiales de construcción como: zinc y perlines por lo que va a cambiar una parte del techo de su casa el que se encuentra en mal estado.

Con el objetivo de Brindarles mayor seguridad y una mejor condición de vida a sus hijos.

Fernando dijo que gracias a los préstamos otorgados por ceprodel ha podido mejorar su vivienda.

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
  • 51
    View loans »
    Nicaragua Loans Fundraising
  • $26,282,975
    Funds lent in using Kiva
  • 20.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Fernando Jose roof repairs.
100% repaid
Repayment Term
19 months (Additional Information)
Repayment Schedule
Feb 13, 2010
Jan 21, 2010
Currency Exchange Loss:
Jul 20, 2011