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Señor Yanis P. works in the Cemex cement plant (manufacturing cement) located here in the municipality of San Rafael del Sur. He has been working at this institution for 20 years operating the ovens. He has already had 8 loans through Ceprodel that "have had a big impact on me by helping me improve my house and buy electric appliances for my wife. They have also helped my daughter to study at the university. I am married with 3 children, one at university and one in primary school. My wife is the soul of our home."
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El Sr. Yanis P. trabaja en Cemex cementera (elaboración del cemento) ubicada aquí en el municipio de san Rafael del sur es operador de hornos tiene 20 años para trabajar a esta institución. Ya ha tenido 8 créditos con Ceprodel lo cual me ha impactado muchísimo porque ha sido una gran ayuda para mi poder mejorar mi casita y comprar electrodomésticos para mi esposa, también he podido ayudarme en los estudio de mi hija que está en la universidad. Estoy casado tengo una familia de 3 hijos uno en la universidad y uno en primaria, mi esposa es ama de casa.

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
  • 72
    View loans »
    Nicaragua Loans Fundraising
  • $25,768,275
    Funds lent in using Kiva
  • 20.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Yanis purchase of construction materials: sand, cement, and cement blocks.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Jan 15, 2010
Feb 1, 2010
Currency Exchange Loss:
Jan 15, 2011