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Jose Israel
José Israel R. M. works as a janitor at the Eastern Market in Managua. He is married and has four dependent children who are in school. José has received two loans with CEPRODEL over a two year period and invested the proceeds in making improvements to his home.

The loan he is requesting will be used to buy construction materials such as zinc, crossbeams, and paint to repair part of the roof of his house because it is in bad condition. His goal is to provide greater security and better living conditions for his children.

View original language description ↓
José Israel R. M., quien Labora como Higienista en el Mercado Oriental de Managua, el tiene cuatro hijos a su cargo, y estos se encuentra en edad escolar, es casado, ha trabajado dos crédito con CEPRODEL durante dos años, en este periodo de tiempo ha invertido los crédito en la mejoramiento de la vivienda en la que habita, gracias al financiamiento otorgados por CEPRDEL.
El crédito solicitado es para la compra de materiales de construcción como: zinc, perlines, pintura para una parte del techo de su casa ya que el que tiene se encuentra en mal estado.
Todo esto con el objetivo de Brindarles mayor seguridad y una mejor condición de vida a sus hijos.

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
  • 66
    View loans »
    Nicaragua Loans Fundraising
  • $25,754,375
    Funds lent in using Kiva
  • 21.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Jose Israel purchase zinc, crossbeams, and paint to repair part of the roof of his house.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Mar 16, 2010
May 1, 2010
Currency Exchange Loss:
Jul 15, 2011