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Pedro Pablo
Mr. Pedro Pablo lives in the city of Managua. He visited CEPRODEL's office to request a loan because he would like to make improvements to his home. He will invest in the purchase of construction materials like cement, stone, sand, and iron. The improvement he would like to make is to build a kitchen. He is very grateful to CEPRODEL because thanks to this loan, he will be able to improve his home and therefore also improve his and his family's living conditions.
View original language description ↓
El señor Pedro pablo vive en la ciudad de Managua.
El señor Pedro visito nuestra oficina para solicitar un crédito ya que piensa hacerles mejoras a su vivienda.
La inversión que el señor va hacer es la compra de materiales de construcción como cemento, piedra, arena, hierro, las mejoras que el señor va hacer es el construcción de una cocina.
agradece mucho a ceprodel por que gracias al financiamiento va poder mejorar su vivienda y así también sus condiciones de vida para ella y su 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
  • 69
    View loans »
    Nicaragua Loans Fundraising
  • $25,754,375
    Funds lent in using Kiva
  • 22.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Pedro Pablo to improve his home by building a kitchen.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Jul 29, 2011
Aug 8, 2011
Currency Exchange Loss:
Dec 23, 2012