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Señor Felipe B. A. is a hardworking employee of ENACAL, where he works as a well operator. He has been with the company for 20 years. He is married and has one school-age son. He has had 4 loans with [the field partner] CEPRODEL and each one has enabled him to buy construction materials and improve his house. He is seeking this loan to extend his house with an exterior wall. These loans with CEPRODEL have benefited him, improving the family's living conditions.
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El Sr. Felipe B. A. él es Trabajador activo de la Empresa ENACAL desempeñándose operador de pozo tiene veinte años de trabajar para esta institución es casado actualmente tiene un hijos en edad escolar. Ha tenido cuatro créditos con CEPRODEL y cada uno lo ha realizado para la compra de materiales de construcción y mejorar su casa de habitación y este lo está solicitando para ampliarle su casa con un muro perimetral estos créditos con Ceprodel le han beneficiado mejorando sus condiciones de vida de la familia.

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
  • 53
    View loans »
    Nicaragua Loans Fundraising
  • $26,258,500
    Funds lent in using Kiva
  • 21.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $875 helped Felipe to buy construction materials: sand, cement, quarried stone, iron, gravel, etc.
100% repaid
Repayment Term
19 months (Additional Information)
Repayment Schedule
Oct 4, 2010
Oct 25, 2010
Currency Exchange Loss:
Mar 5, 2012