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Carlos Gerald
In the town of El Sauce de Leon, Carlos M. works as a primary school teacher in a small public school, in order to support his family and improve things for his child through a better life achieved by renovating his house. He is requesting a loan to purchase building materials, such as bricks, zinc, purlins, and cement, in order to improve his house and to build a room, to provide better living conditions for his wife and child, who are in great need of such improvements.
View original language description ↓
En el municipio El Sauce de León, el caballero Carlos M. se desempeña como maestro de primaria en un pequeño colegio del municipio con el propósito de llevar el sustento a su hogar y beneficiar a su hijo por medio del mejoramiento de su nivel de vida por la reconstrucción de su vivienda.
Está solicitando un crédito para ser utilizado en la compra de materiales de construcción tales como ladrillos, zinc, perlines, cemento para mejoramiento de la vivienda y la elaboración de un curto para brindarle mejores condiciones de vida tanto a su cónyuge como a su hijo que tanto lo necesitan.

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
  • 46
    View loans »
    Nicaragua Loans Fundraising
  • $26,258,500
    Funds lent in using Kiva
  • 21.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Carlos Gerald to buy bricks, zinc, purlins, cement.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Jan 26, 2010
Mar 1, 2010
Currency Exchange Loss:
Dec 19, 2011