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Francisco José
Francisco José lives in the city of Managua; he has a spouse. He’s worked for 15 years as a maintenance assistant. He’s the father of three minors, all of whom are dependent on him. He visited our installation to request a loan because he needed the loan to invest in home improvements. He will use the loan to buy cement, sand, concrete blocks and to pay labor costs. Francisco José is grateful to Ceprodel for the loan it granted him because thanks to the loan he will be able to improve his home.
View original language description ↓
El señor Francisco José vive en la cuidad de Managua, labora como ayudante de mantenimiento desde 15 años.
Es padre de familia de tres menores a los que les proporciona las condiciones necesarias de vida. Visitó las instalación de Ceprodel para solicitar un crédito ya que lo necesita para invertir en las mejoras para su vivienda.

La inversión del crédito lo va a utilizar para la compra de cemento, arena, bloque, y pago de mano de obra.
El señor Francisco Jose agradece a Ceprodel por el crédito ya que gracias al financiamiento va a 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
  • 38
    View loans »
    Nicaragua Loans Fundraising
  • $26,366,175
    Funds lent in using Kiva
  • 22.4
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Francisco José to buy building materials and supplies.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Jun 18, 2011
Aug 1, 2011
Currency Exchange Loss:
Jul 17, 2013